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Core activity

Production and supply of electricity are the main activities of Montenegrin Electric Enterprise AD Niksic (EPCG).

The Company’s energy activities are prescribed by the Energy Law, energy licenses and Statute of EPCG.

Activities carried out by the Company are the following:

  • electricity generation,
  • electricity supply,
  • electricity trading,
  • construction and maintenance of electric power facilities,
  • designing and supervision, and
  • other activities prescribed by the Statute of EPCG.

 

By carrying out core activities, EPCG ensures regular and quality supply of the customers at the demanded voltage levels - safe and stable electricity supply to the Montenegrin population and economy.

Elektroprivreda Crne Gore AD Nikšić possesses plants for electricity generation of the total installed capacity of 867,5MW, whereof 649 MW (75%) referes to hydro power plants Perućica and Piva, while 218,5 MW (25%) refers to thermal power plant Pljevlja.

All shares of the Company are ordinary and are kept in dematerialized form.

Nominal value of a share amounts to € 7.65.

The Company’s ownership structure:

The Company’s ownership structure

Shareholders In Register In Depositary Share (%)
State of Montenegro - - 57,0157
A2A - - 41,7477
Others - - 1,2347
Total shares 131.229.055   100
Total value of the shares 1.003.902.270,75  


The process of capital was used to provide funds for reconstruction and modernization of the existing, as well as construction of new electric power facilities which will lead to full valorization of energy potential of Montenegro.

Company HQ address:

Montenegrin Electric Enterprise

street Vuka Karadzica no. 2;

81400 Niksic;

 

Other information

PIB: 02002230;

PDV: 20/31-00112-1