Elektroprivreda HZ HB

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JP Elektroprivreda HZ HB d.d. (Croatian: JP Elektroprivreda Hrvatske zajednice Herceg Bosne) is a Public Power Utility Company based in Mostar, Bosnia and Herzegovina.

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JP Elektroprivreda HZ HB d.d.
Company typeJoint-stock company
IndustryPower, Electrical Energy
Founded28 August 1992; 32 years ago (1992-08-28)
Headquarters
Petra Krešimira IV 6-A, Mostar
,
Key people
Drago Bago (General Manager)
ProductsElectrical Energy
ServicesPower Generation, Distribution System Operation, Electrical Energy Supply and Electrical Energy Trading
Revenue 478.9 million (2021)[1]
€1.22 million (2021)[1]
Total assets €1.185 billion (2021)[1]
Total equity €435.48 million (2021)[1]
OwnerFederation of Bosnia and Herzegovina (90%)
Others
Number of employees
2,220 (2021)[1]
Websitewww.ephzhb.ba
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History

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Area of operation

JP Elektroprivreda HZHB d.d. was formed on 28 August 1992 on Croats of Bosnia and Herzegovina and HVO dominated territory, and used as public utility company for territory of defunct Croatian Community of Herzeg-Bosnia. In 1999, EPHZHB had the electricity generation capacity of 762 MW, all from hydro power plants, while its distribution-level consumption was 1,075 GWh.[2] On May 20, 2004 it became an entity government-owned publicly traded company.[citation needed]

In March 2018, EPHZHB launched a 50.6 MW Mesihovina wind power plant, located near the northwestern town of Tomislavgrad. It consists of 22 turbines and can produce 165.2 GWh of power a year, enough to supply 27,500 households.[3]

Power generation and consumption

GWh

1,000
2,000
3,000
4,000
1991
1992
1994
1995
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
  •   generation
  •   consumption/sales


Source 2010–2015,[4] 2016[5] 2017,[6] 2018[7]

Structure

90% of company stock is owned by Federation of Bosnia and Herzegovina entity government.[8] It is listed on the Sarajevo Stock Exchange.

Operations

The company operates mostly in Croatian-majority cantons and municipalities in Bosnia-Herzegovina, covering approximately 25% of the country's territory. It is the third largest utility company in the country, with 2,325 GWh of electricity generation in 2015 (14,8% of the total generation in the country).[citation needed] It employs over 1,500 people and operates seven hydropower plants and one wind power plant:[9]

See also

References

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