Serbian state-owned power utility EPS has hired Energoprojekt Entel and the Economics Institute in order to estimate the value if company’s assets. The agreement on the estimate of EPS’ assets is signed in July and the deadline for the completion of the job is eight months. The agreement is worth 275,000 euros.
The estimate of EPS’ property is one of the requests by the European Union, which has asked the public enterprises to define the value of their assets by early 2017, as well as the ownership of immovable property and land for which the public enterprises only have the right of use, whereas the state is the owner.
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Tags: EPS, financial, property appraisal, restructuring, sale, Serbia