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Elektroprivreda HZ HB

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JP Elektroprivreda HZ HB d.d.
Company typePublic
IndustryEnergy
Founded28 August 1992
HeadquartersMile Budaka 106 A, ,
ProductsElectricity
Servicesgeneration, transmission and distribution
Revenue 352,7 million BAM (2015)[1]
38.9 million BAM (2015)[1]
Total assets1.01 bn BAM
OwnerFederation of Bosnia and Herzegovina (90%)
Number of employees
1,920 (2016)[2]
WebsiteElektroprivreda HZ HB

JP Elektroprivreda HZ HB d.d. (full Croatian name: JP Elektroprivreda Hrvatske Zajednice Herceg-Bosne) is public power utility company in Bosnia and Herzegovina, with its headquarter in city of Mostar.

History

JP Elektroprivreda HZ HB d.d. was formed on 28 August 1992 on Bosnian Croats and HVO dominated territory, and used as public utility company for territory of defunct Croatian Community of Herzeg-Bosnia. In 1999, EPHZHB had the electricity generation capacity of 762 MW, all from hydro power plants, while its distribution-level consumption was 1,075 GWh.[3] In May 20, 2004 it became an entity government-owned publicly traded company.

In March 2018, EP HZ HB launched a 50.6 MW Mesihovina wind power plant, located near the northwestern town of Tomislavgrad. It consists of 22 turbines and can produce 165.2 GWh of power a year, enough to supply 27,500 households.[4]

Power generation and consumption

GWh

1,000
2,000
3,000
4,000
1991
1992
1994
1995
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
  •   generation
  •   consumption

Source 2010-2015[5], 2016[6]

Structure

90% of company stock is owned by Federation of Bosnia and Herzegovina entity government.[7] It is listed at Sarajevo Stock Exchange.

Operations

The company operates mostly in Croatian-majority cantons and municipalities in Bosnia-Herzegovina, covering approximately 25% of the country's territory. It is the third largest utility company in the country, with 2,325 GWh of electricity generation in 2015 (14,8% of the total generation in the country).[8] It employs over 1,500 people and operates seven hydropower plants:[9]

See also

References

  1. ^ a b Izvješće o financijskog reviziji javnog poduzeća „Elektroprivreda Hrvatske Zajednice Herceg Bosne“ D.D. Mostar za 2015. godinu, Ured za reviziju institucija u FBiH, Sarajevo, srpanj 2016.
  2. ^ "UGDAU BiH: Novalić jedno priča, a drugo radi, u EP HZHB zaposleno 500 ljudi bez konkursa", nap.ba, 13.01.2017
  3. ^ "Bosnia and Herzegovina: Poverty Reduction Strategy Paper--Mid-Term Development Strategy", IMF, 2004, p. 231
  4. ^ "Bosnia's first wind farm comes online as hydropower struggles". euractiv.com. 2018-03-15. Retrieved 2018-03-28.
  5. ^ Leko, Ervin. "Mogućnosti JP „Elektroprivreda HZ Herceg Bosne“ d.d. Mostar na otvorenom tržištu električne energije - problematika i izazovi", JP „Elektroprivreda HZ Herceg Bosne“ d.d. Mostar, June 8th, 2016
  6. ^ Leko, Ervin. JP „Elektroprivreda HZ Herceg Bosne“ d.d. Mostar na tržištu električne energije - problematika i izazovi, JP „Elektroprivreda HZ Herceg Bosne“ d.d. Mostar, May 25th, 2017
  7. ^ "Public audits reports - Public companies" (.html). www.saifbih.ba (in English, Bosnian, and Croatian). Audit office for the Institutions of the Federation BiH. Retrieved 15 August 2016.
  8. ^ Nela Vlahinić Lenz, Vedran Prša: "Electricity Sector Reforms in Bosnia and Herzegovina: Results and Policy Implications", International Journal of Management Science and Business Administration, Volume 3, Issue 4, May 2017, Pages 46-57. doi:10.18775/ijmsba.1849-5664-5419.2014.34.1006
  9. ^ EPHZHB