The Italian A2A company confirmed the “put option” to the government. It defines the conditions of withdrawal from the Electric Power Company of Montenegro (EPCG). According to the provisions of the shareholders agreement, A2A actually started the process of leaving the power company. The “put option” implies that the government takes over all A2A shares… READ MORE
CEOs of Montenegrin power utility Elektroprivreda Crne Gore (EPCG )Tonino Maglio , Montenegro’s electricity market operator (COTEE), Milan Radovic, and Managing Director and Chairman of the Montenegrin Electric Power Transmission System Director (CGES), Ivan Bulatovic and Dragan Laketic, signed the Founding Contract and the Statute of the Stock Exchange Electric Company Energy DOO. The Minister… READ MORE