Elektroprivreda HZ HB explained

JP Elektroprivreda HZHB d.d.
Type:Joint-stock company
Location City:Alekse Šantića 106 A, Mostar
Location Country:Bosnia and Herzegovina
Key People:v.d. Drago Bago
Industry:Energy
Products:Electricity
Services:Electricity generation, transmission and distribution
Revenue: 478.9 million [1]
Net Income: €1.22 million
Assets: €1.185 billion
Equity: €435.48 million
Owner:Federation of Bosnia and Herzegovina
Others
Num Employees:2,220

JP Elektroprivreda HZHB d.d. (Croatian: JP Elektroprivreda Hrvatske zajednice Herceg Bosne) is a public power utility company based in Mostar, Bosnia and Herzegovina.

History

JP Elektroprivreda HZHB d.d. was formed on 28 August 1992 on Croats of Bosnia and Herzegovina 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.[2] On May 20, 2004 it became an entity government-owned publicly traded company.

In March 2018, EPHZHB 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.[3]

Power generation and consumption

GWh

Source 2010–2015,[4] 2016[5] 2017,[6] 2018[7]

Structure

90% of company stock is owned by Federation of Bosnia and Herzegovina entity government.[8] It is listed on the 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). It employs over 1,500 people and operates seven hydropower plants and one wind power plant:[9]

See also

Notes and References

  1. Web site: Godišnje izvješće o poslovanju EPHZHB-a za 2021. godinu . ephzhb.ba . Croatian . Excel . 1 March 2022.
  2. https://books.google.com/books?id=5sDDxKA8lIIC "Bosnia and Herzegovina: Poverty Reduction Strategy Paper--Mid-Term Development Strategy"
  3. News: Bosnia's first wind farm comes online as hydropower struggles. 2018-03-15. euractiv.com. 2018-03-28. en-GB.
  4. 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 8, 2016
  5. 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 25, 2017
  6. Web site: Elektroprivreda HZHB u plusu. rubno. 18 June 2018. ljubuski.info. hr. 2019-03-06.
  7. https://parlamentfbih.gov.ba/v2/userfiles/file/Materijali%20u%20proceduri_2019/izvjestaj_o_radu_ferk_2018_bs.pdf Izvještaj o radu FERK-a za 2018.
  8. Web site: Public audits reports - Public companies. www.saifbih.ba. Audit office for the Institutions of the Federation BiH. 15 August 2016. English, Bosnian, Croatian. .html.
  9. http://finance.google.com/finance?q=SAJ:JPEMR EPHZHB