Is EPS planning to buy Elektroprivreda RS? – “We will certainly expand in the region,” Vucic announces

Elektroprivreda Srbije (EPS) will most likely buy the eponymous company in Republika Srpska, according to the recent announcements made by the president of Serbia, Aleksandar Vucic, and a member of the Presidency of Bosnia and Herzegovina, Milorad Dodik.

– We are more interested in some other power distribution companies – Vucic said in response to the question about the potential purchase of Elektroprivreda RS by EPS, “but we will certainly expand in the region.”

– But, I wouldn't want to reveal our plans. We will expand in the region, which can be stopped by political decisions sometimes, but our money and our economic strength will win – Vucic said.

Milorad Dodik pointed out that cooperation between the power distribution companies of Serbia and Republika Srpska was the most natural thing in the world.

– Yesterday we signed an agreement on a project which has been expected for 40 years, the hydro power plants Buk Bijela and Foca. Those are huge investments – Dodik said.

Elektroprivreda Srbije ad Beograd

MH ERS MP a.d. Trebinje

Milorad Dodik

Aleksandar Vučić

EPS purchase

hydro power plant Buk Bijela

hydro power plant Foča