Production and supply of electricity are the main activities of Montenegrin Electric Enterprise AD Niksic (EPCG).
The Company’s energy activities are prescribed by the Energy Law, energy licenses and Statute of EPCG.
Activities carried out by the Company are the following:
construction and maintenance of electric power facilities,
designing and supervision, and
other activities prescribed by the Statute of EPCG.
By carrying out core activities, EPCG ensures regular and quality supply of the customers at the demanded voltage levels - safe and stable electricity supply to the Montenegrin population and economy.
Elektroprivreda Crne Gore AD Nikšić possesses plants for electricity generation of the total installed capacity of 874 MW, whereof 649 MW (74.3%) referes to hydro power plants Perućica and Piva, while 225 MW (25.7%) refers to thermal power plant Pljevlja.
All shares of the Company are ordinary and are kept in dematerialized form.
Nominal value of a share amounts to € 6.52.
The Company’s ownership structure:
The Company’s ownership structure
State of Montenegro
Elektroprivreda Crne Gore AD Nikšić
Total value of the shares
The process of capital was used to provide funds for reconstruction and modernization of the existing, as well as construction of new electric power facilities which will lead to full valorization of energy potential of Montenegro.