Elektromreža Srbije

Elektromreža Srbije (abbr. EMS; Serbian Cyrillic: Електромрежа Србије) is a Serbian national transmission system operator company with the headquarters in Belgrade, Serbia.

Elektromreža Srbije
Native name
Електромрежа Србије
TypeJoint-stock company
IndustryElectric utility
Founded1 July 2005; 16 years ago (2005-07-01)
Kneza Miloša 11, Belgrade
Area served
Key people
Jelena Matejić
(General director)
ServicesElectric power transmission
Revenue 208.45 million (2017)[1]
€25.51 million (2017)[1]
Total assets €764.25 million (2017)[2]
Total equity €505.97 million (2017)[2]
OwnerGovernment of Serbia (100%)
Number of employees
1,630 (2017)
SubsidiariesPD Elektroistok izgradnja d.o.o.
Elektroistok Projektni biro d.o.o.
SEEPEX a.d. Beograd
Footnotes / references
Business ID: 20054182
Tax ID: 103921661

It was founded in 2005 after being split from Elektroprivreda Srbije and it is specialized in the transmission of electrical power. It is a member of the European Network of Transmission System Operators for Electricity.


On 1 July 2005, the electric power transmission division of Elektroprivreda Srbije was split from the company and established its own public enterprise subsidiary Elektromreža Srbije (EMS).[4]

In November 2016, Elektromreža Srbije changed its legal form to joint-stock company with 100% of shares being owned by the Government of Serbia.[5]

In March 2018, the European electricity transmission association ENTSO-E warned over delay of electric clocks throughout Europe's power network due to lower frequency which was caused by the loss of electricity in the network. Namely, the loss was created due to political dispute between Serbia and Kosovo[lower-alpha 1] where the Kosovar power transmission company KOSTT took 113 GWh unauthorizedly from the network in the period of January–February 2018.[6][7] Elektromreža Srbije has legal jurisdiction over Kosovar electricity transmission network, but due to political dispute, does not exercise full control over it. The direct loss of 113 GWh would amount to 24.86 million euros, as per average euro area electricity price (per KWh) of 22 eurocents for households in 2017.[8]

Market and financial data

As of 2017, EMS posted a profit of 25.51 million euros and had 208.45 million euros of revenues.[1]

See also

Notes and references

  1. Kosovo is the subject of a territorial dispute between the Republic of Kosovo and the Republic of Serbia. The Republic of Kosovo unilaterally declared independence on 17 February 2008. Serbia continues to claim it as part of its own sovereign territory. The two governments began to normalise relations in 2013, as part of the 2013 Brussels Agreement. Kosovo is currently recognized as an independent state by 96 out of the 193 United Nations member states. In total, 113 UN member states are said to have recognized Kosovo at some point, of which 15 later withdrew their recognition.
  1. "Bilans uspeha (2017) - Akcionarsko društvo Elektromreža Srbije Beograd". apr.gov.rs (in Serbian). Retrieved 23 July 2018.
  2. "Bilans stanja (2017) - Akcionarsko društvo Elektromreža Srbije Beograd". apr.gov.rs (in Serbian). Retrieved 23 July 2018.
  3. "Основни подаци о привредном друштву". apr.gov.rs (in Serbian). Serbian Business Registers Agency. Retrieved 8 March 2018.
  4. "Osnovano Javno preduzeće za prenos električne energije i upravljanje prenosnim sistemom "Elektromreža Srbije"". ekapija.com (in Serbian). Retrieved 18 July 2014.
  5. D., N. (9 November 2016). ""Elektromreža Srbije" akcionarsko društvo". danas.rs (in Serbian). Retrieved 3 February 2018.
  6. Oroschakoff, Kalina (7 March 2018). "Serbia-Kosovo spat delays electric clocks in Europe". politico.eu. Retrieved 8 March 2018.
  7. "EMS: Kosovo neovlašćeno preuzimalo električnu energiju". n1info.com (in Serbian). FoNet. 7 March 2018. Retrieved 8 March 2018.
  8. "Electricity price statistics". europa.eu. Retrieved 8 March 2018.