Crnogorski Elektroprenosni Sistem

EMS bought an additional five percent of the shares of the Montenegrin power transmission system on the stock exchange.
By the way, EMS is 100% owned by the state of Serbia.
In 2015, EMS bought slightly more than 10% of the shares of Montenegrin electricity transmission system (Elektroprenos Crne Gore) on the stock exchange in the value of 13.9 million euros.

The presidents of Italy and Montenegro ceremonially turned on an undersea power cable connecting the two countries via the Adriatic sea on Friday, making Montenegro a Balkan energy hub at the flick of a switch.

Serbian experts are in two minds over the benefits to Serbia of purchasing shares in Montenegro's transmission system operator, Crnogorski elektroprenosni sistem, CGES.

Serbia's public enterprise Elektromreza Srbije, EMS, on Tuesday bought 10 per cent of CGES for more than 13 million euro, also acquiring a seat on the board of CGES.

Serbia's electric power transmission company Elektromreza Srbije (EMS) has purchased a 10-percent stake in Crnogorski Elektroprenosni Sistem (CGES) AD.

EMS said it bought the shares at the Montenegro Stock Exchange on Tuesday.