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Elektroprivreda Crne Gore A.D.

Summary

Company ID (NIN)

02002230

Company owner / manager

  • Elektroprivreda Crne Gore A.D.
  • State
  • Other

Country

Montenegro

Capital

769,928,000

Total assets

1,069,237,000

Net profit for the period

28,348,000

Report year

2019

Currency

EUR

Industry

Energy/Utilities

Southeastern Europe Company Index (SEECI)

What is SEECI?

General information

About Elektroprivreda Crne Gore A.D.

Elektroprivreda Crne Gore A.D. is the Montenegro's sole power generation and distribution company.

As of March 2021, the company’s shares are included in Montenegro Stock Exchange’s blue-chip index MNSE 10.

Elektroprivreda Crne Gore A.D. has an:

  • ISO 9001:2015 Quality management systems certificate, valid until Nov 22, 2022;
  • ISO 14001:2018 Environmental management systems certificate, , valid until Nov 22, 2022;
  • ISO 45001:2018 Occupational health and safety management systems certificate, , valid until Nov 22, 2022.

Last updated on Mar 12, 2021.

Meta info
Status
Active
Legal form
Joint Stock Company
Incorporation date
Aug. 19, 1976
NIN
02002230
Tickers
EPCG
Stock Exchange
Montenegro Stock Exchange
ISIN
MEEPCGRA1NK6
Profile last updated
March 12, 2021, 3:24 p.m.
Alternative names

    EPCG AD;
    Elektroprivreda Crne Gore JSC;
    Electric Power Company of Montenegro JSC Niksic;
    Montenegrin Electric Enterprise

History

    Aug 19, 1976 - Elektroprivreda Crne Gore is established through the merger of state-owned companies Crnogorskih Elektrana and Elektro Crna Gora.

    Oct 16, 1998 - The company is transformed into joint stock company.

    2005 - Elektroprivreda Crne Gore (EPCG) A.D. lists on the New Security Exchange (NEX) of Montenegro Stock Exchange with a stock symbol EPCG.

    February 2009 - Goverment of Montenegro called a tender for the sale of an 18.3% stake in the company seeking to secure investments in the company's modernisation.

    November 2009 - Italian company A2A S.p.A. acquires a 43.7% stake in Elektroprivreda Crne Gore.

    2010 - The company establishes Zeta Energy A.D. - a joint-venture for generation of renewable energy with Norwegian energy utility company Nord-Trondelag Elektrisitetsverk Holding AS.


    Last updated on Mar 12, 2021.

Management

Executive Board
Igor Noveljic
CEO
Board of Directors
Samir Hodzic
Member of the Board
Ranko Milovic
Member of the Board
Srdan Spaic
Member of the Board
Milos Konatar
Member of the Board
Doko Krivokapic
Chairman of the Board

Contacts

Address
2, Vuka Karadzica Str.
81400
Niksic, Montenegro
Telephones

+382 40 204 105
+382 40 204 173

Fax

+382 40 214 249
+382 40 214 251

Emails

office@nepcg.com
pr@epcg.com

Websites
www.epcg.com

Ownership

Name Direct holding Indirect holding Owner type Country
Elektroprivreda Crne Gore A.D. 10.0 Company Italy
State 88.65 State Montenegro
Other 1.35 Other

Subsidiaries and affiliates

Name Direct holding Indirect holding Country
EPCG DOO Beograd 100.0 Serbia
Zeta Energy D.O.O. Danilovgrad 51.0 Montenegro

Products and services

Elektroprivreda Crne Gore A.D.'s activities include electric power generation, transmission and distribution of electricity.

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