Serbian electricity transmission operator EMS announced that as of today, the company operates as a joint-stock company. The new name of the company is EMS AD. It will operate as a non-public joint-stock company with 100 % state ownership, without the possibility of purchase of shares by other legal entities or individuals.
The Director General of the company Nikola Petrovic said that the reasons for the transition of EMS in the form of non-public joint-stock company are, among others, the obligations undertaken by Serbia under the Stabilization and Association Agreement concluded with the EU.
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Tags: electricity, electricity transmission, EMS, joint-stock company, legislation, public enterprise, regulation, Serbia