Elektroprivreda Bosne i Hercegovine
Bosnian public electric utility company
From Wikipedia, the free encyclopedia
Elektroprivreda BiH or JP Elektroprivreda Bosne i Hercegovine d.d. (English: Public Enterprise Electric Utility of Bosnia and Herzegovina; abbr. EPBiH) is a Bosnian public electric utility company with headquarters in Sarajevo, Bosnia and Herzegovina.
JP Elektroprivreda BiH d.d. Sarajevo | |
Company type | Public |
|---|---|
| Sarajevo Stock Exchange: JPESR | |
| Industry | Energy |
| Predecessor | Electric Utility Company of BiH "Elektrobih" |
| Founded | 30 August 1945 |
| Headquarters | Vilsonovo Šetalište 15, , |
Key people | v.d. Sanel Buljubašić, GM |
| Products | Electricity |
Production output | 7.009 GWh (2017) |
| Services | generation, transmission and distribution |
| Revenue | €583.35 million (2017[1]) |
| €0.32 million (2017[1]) | |
| Total equity | €1.721 billion (2017[1]) |
Number of employees | 4,566 (2017[1]) |
| Parent | EPBiH Concern |
| Website | elektroprivreda |
History
Elektroprivreda BiH was established on 30 August 1945 as the Electric Utility Company of Bosnia and Herzegovina "Elektrobih".[2] On 20 May 2004, it became an entity government-owned publicly traded company. The company celebrates 7 September as the day of its establishment.[citation needed]
Structure
The company is the largest electric utility company in Bosnia and Herzegovina, and as such part of the largest country's energy concern EPBiH Concern.[3] Elektroprivreda BiH is a joint stock company in which 90% of the capital is owned by the Federation of BiH entity government, and 10% is owned by minority shareholders.[4]
Operations
Electric utility activities for the company are:
- generation and distribution of electricity,
- supply of electricity,
- trading, representation and mediation on the local electricity market,
- export and import of electricity, including the management of electricity system.
As the largest electric utility company in Bosnia and Herzegovina, it has 756,599 customers and 4,434 employees.[2] As of 2017, the company has an installed generating capacities of 1,682 MW, of which in lignite-fired thermal power plants 1,165 MW, and hydro power plants 517 MW. It has a transmission and distribution lines of 27.405 km in a network of 31,757 kilometres (19,733 mi), with 2.825 MVA distribution substations.[2]
Also, it generates 7.009 TWh of electricity annually.[5]
Electricity distribution is organized through five distribution regional offices: