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Crnogorski Elektroprenosni Sistem

Summary

Crnogorski elektroprenosni sistem AD (MNSE: PREN) (CGES; former name Prenos AD; meaning: Montenegrin Electrical Transmission System)[a] is an electric power transmission system operator located in Podgorica, Montenegro. It is a member of European Network of Transmission System Operators for Electricity.

Crnogorski elektroprenosni sistem AD
Company typeJoint-stock company
MNSE: PREN
IndustryElectricity
PredecessorPrenos AD
Founded2009 (2009)
Headquarters
Podgorica
,
Montenegro
Area served
Montenegro
Key people
Ivan Asanović (CEO)
ServicesTransmission system operator
Revenue28,874,175 €
2,448,732 €
Total assets254,329,057 €
OwnerGovernment of Montenegro (55%)

Terna Group (22.09%)

Elektromreža Srbije (15%)
Websitehttp://www.cges.me/

In 2009, the company broke away from EPCG and was partly privatized, with 55% stake owned by Government of Montenegro. 22% and 15% stake is owned by Italian and Serbian electricity transmission companies Terna and EMS respectively.[1][2]

CGES and Terna have built a 450-kilometre (280 mi) 1,000 MW submarine cable between Tivat and Pescara.[3]

See also edit

  • Energy in Montenegro

References edit

  1. ^ AD stands for akcionarsko društvo, or Joint Stock Company.
  1. ^ Capozzi, Valentina (2011-08-26). "Costruzione del cavo elettrico che collegherà l'Italia al Montenegro: tra polemiche e vantaggi economici" [Construction of the electrical cable to link Italy and Montenegro: controversies and economic benefits]. il Levante (in Italian). Archived from the original on 2013-02-21. Retrieved 2012-04-11.
  2. ^ "EMS kupila pet odsto akcija CGES-a" [EMS bought five percent of shares of CGES]. MINA (in Montenegrin). 2021-01-13. Retrieved 2023-04-10.
  3. ^ https://www.cges.me/en/news/1067-cges-representatives-took-part-in-expo-2020

External links edit

  • Official website