Serbia΄s EPS to Become Joint Stock Co by July 2016

Serbia΄s EPS to Become Joint Stock Co by July 2016
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Παρ, 13 Μαρτίου 2015 - 17:54
Serbian energy minster Aleksandar Antic said on Thursday state-owned power utility EPS will become by July 2016 a joint stock company as a result of its ongoing restructuring.
Serbian energy minster Aleksandar Antic said on Thursday state-owned power utility EPS will become by July 2016 a joint stock company as a result of its ongoing restructuring.

As part of the restructuring measures, EPS should end up split into power production, distribution and supply units, Antic said in a statement, adding the break-up should be completed by July 1 this year.

Earlier this month, Serbian economy minister Zeljko Sertic said taking steps to restructure EPS alongside road company Putevi Srbije, railway operator Zeleznice Srbije and gas monopoly Srbijagas would be critical as they pose great risks for the country's macro-economic stability.

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