Electricity

Energy minister announces reorganization of public utility ERS

Energy minister announces reorganization of public utility ERS

Photo: vladars.net

Published

April 17, 2018

Comments

comments icon

0

Share

Published:

April 17, 2018

Comments:

comments icon

0

Share

Public utility Elektroprivreda Republike Srpske (ERS) will have to go through major transformation in the first half of 2019 in order to become even more efficient in its business, the Bosnian Serb entity’s Minister of Industry, Energy and Mining Petar Đokić said.

According to media reports, he noted that two major obstacles to ERS’ development are that Republika Srpska (RS) maintains a policy of extremely low electricity tariffs and that the company has a large number of employees.

“These are the two key factors that most directly affect the financial results of all subsidiaries, but also ERS as a whole,” Đokić said.

There is no need to debate whether personnel changes at ERS will bring anything new, but it should rather be discussed how to improve the state this large company is in through a new, better organization, according to him.

“ERS, especially in the first half of next year, has to undergo a serious transformation and reorganization in order to improve its efficiency,” Đokić said.

ERS is a complex enterprise with ten subsidiaries, he recalled.

“The responsibility for any difficulties lies with the parent company and this cannot be separated from the responsibility of the management of all subsidiaries that make up this large company,” Đokić said.

He recalled that ERS still achieves good results – every year it provides electricity to the population of the RS and almost every year provides significant quantities of electricity for export.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

East West Energy Corridor extend Turkey Montenegro

East-West Energy Corridor to extend from Turkey to Montenegro

24 July 2024 - Bulgaria's ESO received a grant from the US for a feasibility study for the proposed East-West Energy Corridor between Turkey and Montenegro

Portable photovoltaic system invented for disaster stricken areas

Portable photovoltaic system invented for disaster-stricken areas

24 July 2024 - Turkish engineers have designed a foldable and portable photovoltaic system of 15 kW for restoring power supply in case of a disaster

macedonia mepso ebrd loan grid renewables koka basso bozinovska

MEPSO secures funds for grid investments; upgrade to enable connecting 1.2 GW of renewables

23 July 2024 - MEPSO and the European Bank for Reconstruction and Development (EBRD) have signed an agreement on a EUR 26.4 million loan

fiat grande panda stellantis serbia electric cars automobiles

Stellantis starts producing electric cars in Serbia

22 July 2024 - With the announced state subsidies, Fiat Grande Panda from the Kragujevac plant could cost around EUR 18,000