Elektroprivreda Srbije

Elektroprivreda Srbije (abbr. EPS; full legal name: Javno preduzeće Elektroprivreda Srbije Beograd) is a joint-stock electric utility power company fully owned by the Government of Serbia, with headquarters in Belgrade, Serbia. It was founded in 1991 and it has 24,013 employees (as of 2021), making it the largest enterprise in the country.

Elektroprivreda Srbije
Native name
Електропривреда Србије
Company typeJoint-stock company
IndustryElectric utility
PredecessorElektrično preduzeće Srbije
(1945–1965)
Združeno Elektroprivredno preduzeće Srbije
(1965–1991)
Founded1 July 2005 (2005-07-01) (current form)
1991 (1991) (founded)
Headquarters,
Serbia
Area served
Serbia
Key people
Oluf Ulseth (Supervisory Board Chairman)
Dušan Živković (acting director)
ProductsElectric power
Coal
Production output
36.461 TWh (2016)
ServicesElectricity generation and distribution, electricity retailing, mining
Revenue 2.726 billion (2021)
Net income
(€132.05 million) (2021)
Total assets €8.182 billion (2021)
Total equity €5.132 billion (2021)
OwnerGovernment of Serbia (100%)
Number of employees
24,013 (2021)
SubsidiariesEPS Distribucija Belgrade
EPS Trgovanje Ljubljana
Websiteeps.rs
Footnotes / references
Business ID: 20053658
Tax ID: 103920327

The company has an installed capacity of 7,326 MW and generates 36.461 TWh of electricity per year. Its installed capacity in lignite-fired thermal power plant is 4,390 MW, gas-fired and liquid fuel-fired combined heat and power plants is 336 MW, and hydro power plants is 2,936 MW. EPS also operates three power plants of total capacity 461 MW which are not in the ownership of the company.

EPS is also the largest producer of lignite in Serbia operating in the Kolubara and Kostolac basins, producing around 37 million tonnes per year.

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