| Crnogorski elektroprenosni sistem AD | |
| Type: | Joint-stock company |
| Traded As: | MNSE |
| Predecessor: | Prenos AD |
| Location City: | Podgorica |
| Location Country: | Montenegro |
| Area Served: | Montenegro |
| Key People: | Ivan Asanović (CEO) |
| Industry: | Electricity |
| Services: | Transmission system operator |
| Revenue: | 28,874,175 € |
| Net Income: | 2,448,732 € |
| Assets: | 254,329,057 € |
| Owner: | Government of Montenegro (55%)Terna Group (22.09%)Elektromreža Srbije (15%) |
Crnogorski elektroprenosni sistem AD (MNSE: PREN) (CGES; former name Prenos AD; meaning: Montenegrin Electrical Transmission System) is an electric power transmission system operator located in Podgorica, Montenegro. It is a member of European Network of Transmission System Operators for Electricity.
In 2009, the company broke away from EPCG and was partly privatized, with 55% stake owned by Government of Montenegro. 22% and 15% stake is owned by Italian and Serbian electricity transmission companies Terna and EMS respectively.[1] [2]
CGES and Terna have built a 450km (280miles) 1,000 MW submarine cable between Tivat and Pescara.[3]