“Electric Power Industry of Serbia” is vertically organized enterprise that has founder’s rights in two subsidiaries and three public enterprises at Kosovo and Metohija. As of June 1999, EPS has not been operating its capacities at Kosovo and Metohija
Subsidiary "EPS Trgovanje" Ltd. Ljubljana, was established on 1 July 2014 as the first subsidiary that PE EPS had abroad for trade in electricity.
On the basis of founding PE EPS has significant share in subsidiaries:
- Company for cogeneration of thermoelectric power and heating energy “Energija Novi Sad” JSC Novi Sad, founded with Novi Sad City, in the amount of 50 percent of shares in Company’s equity;
- Company “Ibarske hidroelektrane” ltd. Kraljevo, founded with “Seci Energia S.p.A”, Italy, with 49 percent of shares in Company’s equity;
- Company “Moravske hidroelektrane” ltd. Beograd, founded with “RWE Innogy”, Germany, with 49 percent of shares in Company’s equity.
Founder of PE EPS is the Republic of Serbia. Founder’s rights are vested in the Government of the Republic of Serbia.
Bodies of the company
Bodies of the Public Enterprise “Electric Power Industry of Serbia” are:
Supervisory Board, Executive Board and Director.
Supervisory Board and Director are appointed by the Government of the Republic of Serbia and Executive Board that is comprised of Executive Directors is appointed by the Supervisory Board at the proposal of the Director who holds the position of President of the Executive Board.
Electric Power Industry of Serbia mission is secure electricity supply to all customers, under the most favourable market conditions, with continuous upgrading of the services, improvement of environmental protection and welfare of the community.
Electric Power Industry of Serbia vision is socially responsible, market-oriented and profitable company, competitive on the European market with a major impact in the region, recognized as a reliable partner among the local and international companies.
Prevailing activity of Public Enterprise “Electric Power Industry of Serbia” is electricity supply – activity code 35.14 – electricity trade.
In addition to the prevailing activity, Public Enterprise performs the activities of distribution of electric energy and distribution system management and economic entity management, as well as other activities provided for in the Statute of PE EPS
According to capital valuation and with a staff of 36,381 employees (including employees from Kosovo and Metohija), as of 31 December 2014, “Electric Power Industry of Serbia” is the largest enterprise in the country.