electric power company

EPS’s profit was driven by the price of electricity and inflow from the state

The business results of the Electric Power Company of Serbia (EPS) for this year show that the state-owned company has drastically recovered after last year's loss of EUR 628 million. In the first nine months of this year, EPS ended with a surplus of EUR 745. The result was two and a half times better than planned, as a profit of EUR 291 million was expected. Judging by the results for the first three quarters, there is no doubt that…