Elektroprivreda Srbije

OBRENOVAC - Serbia's national electric power company EPS has completed a project of modernising the monitoring and management system at the Nikola Tesla B coal-fired power plant (TENT-B) in Obrenovac, one of the largest power plants in Serbia.

The European Bank for Reconstruction and Development (EBRD) has approved an EUR 200 million restructuring line to EPS.

The bank is thus "supporting a comprehensive reform program for the power sector in Elektroprivreda Srbije (EPS), a state-owned utility that generates, distributes and supplies electricity across the country," a statement said.

BELGRADE - Starting from May 1, there will be no more directorates at Elektroprivreda Srbije (EPS), and the number of departments has been reduced from 65 to 35 and 43 director positions have been abolished, Serbia's biggest public enterprise said in a release Wednesday.

BELGRADE - In the eyes of the International Monetary Fund (IMF), restructuring of Elektroprivreda Srbije (EPS) is more important than an electricity price increase, whi? is only part of the reorganization of this public enterprise, IMF Resident Representative for Serbia Daehaeng Kim stated on Wednesday.

BELGRADE - There is a little over five million cubic meters of water left to be pumped out of the Tamnava - Zapadno Polje open coal mine pit, out of the 187 million cubic meters brought by the flooding in May last year, RB Kolubara Director Milorad Grcic said Friday.

Kolubara mines worker dies in accident

BELGRADE -- An accident in the Kolubara strip coal mine, southwest of Belgrade, on Thursday left a worker dead, the company, RB Kolubara, has announced.

The 45-year-old, B.A., died in the Tamnava-West Field mine where he was working on assembling machines.

WASHINGTON- Under its latest arrangement with the International Monetary Fund (IMF), the Serbian government has pledged to support Elektroprivreda Srbije (EPS) in preparing a financial restructuring plan which, in combination with an excise tax, would result in a 15 percent total increase in the price of electricity for end consumers as of April 1, 2015.

BELGRADE - Public enterprise Elektroprivreda Srbije (EPS) launched the corporatization process on Monday, EPS Director General Aleksandar Obradovic said at a news briefing.

State-owned power company launches "corporization process"

BELGRADE -- Public enterprise Elektroprivreda Srbije (EPS) has launched its "corporatization process" on Monday, says EPS Director General Aleksandar Obradovic.

BELGRADE - Serbia will have enough coal from the Kolubara open pit mines this winter, and the coal mining process could be made more difficult by heavy snow and low temperatures, but it will not be jeopardized, Kolubara Director Milorad Grcic told Tanjug.