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Elektromreža Srbije

Serbian electricity transmission company From Wikipedia, the free encyclopedia

44°45′17.7″N 20°29′20.6″E

Native name
Електромрежа Србије
Founded1 July 2005; 21 years ago (2005-07-01)
Quick facts Native name, Type ...
Elektromreža Srbije
Native name
Електромрежа Србије
TypeJoint-stock company
IndustryElectric utility
Founded1 July 2005; 21 years ago (2005-07-01)
Headquarters
Kneza Miloša 11, Belgrade
,
Serbia
Area served
Serbia
Key peopleJelena Matejić
(General director)
ServicesElectric power transmission
RevenueIncrease €518.37 million (2022)[1]
Increase €70.28 million (2022)[1]
Total assetsIncrease €956.22 million (2022)[2]
Total equityIncrease €664.62 million (2022)[2]
OwnerGovernment of Serbia (100%)
Number of employees
1,664 (2022)
SubsidiariesPD Elektroistok izgradnja d.o.o.
Elektroistok Projektni biro d.o.o.
SEEPEX a.d. Beograd
Websiteems.rs
Footnotes
Business ID: 20054182
Tax ID: 103921661
[3]
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Elektromreža Srbije (EMS; Serbian Cyrillic: Електромрежа Србије, ЕМС) is a Serbian national transmission system operator company with the headquarters in Belgrade, Serbia.

It was founded in 2005 after being split from Elektroprivreda Srbije and it is specialized in the transmission of electrical power. It is a member of the European Network of Transmission System Operators for Electricity.

History

On 1 July 2005, the electric power transmission division of Elektroprivreda Srbije was split from the company and established its own public enterprise subsidiary Elektromreža Srbije (EMS).[4]

In November 2016, Elektromreža Srbije changed its legal form to joint-stock company with 100% of shares being owned by the Government of Serbia.[5]

In March 2018, the European electricity transmission association ENTSO-E warned over delay of electric clocks throughout Europe's power network due to lower frequency, which was caused by the loss of electricity in the network. Namely, the loss was created due to political dispute between Serbia and Kosovo where the Kosovar power transmission company KOSTT took 113 GWh unauthorizedly from the network in the period of January–February 2018.[6][7] Elektromreža Srbije has legal jurisdiction over Kosovar electricity transmission network, but due to political dispute, does not exercise full control over it. The direct loss of 113 GWh would amount to 24.86 million euros, as per average euro area electricity price (per KWh) of 22 eurocents for households in 2017.[8]

On 21 April 2020, KOSTT formally joined the ENTSO-E following the vote and thus separated from Elektromreža Srbije.[9]

Market and financial data

As of 2022, Elektromreža Srbije posted a profit of 70.28 million euros and had 518.37 million euros of revenues.[1]

See also

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