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Given that the liberalization of the Serbian energy sector started relatively recently, the Serbian energy market is still largely dominated by public enterprises. The gradual liberalization of the energy market has brought private companies into the Serbian energy sector, but their presence is currently limited to a participation in energy trading, mostly of electricity, oil and natural gas, whilst the production, transportation and distribution of energy remains, at least for now, in the public domain.

 

Notwithstanding the above, the liberalization of the energy market and the planned integration of the Serbian energy market into the energy market of the European Union under the auspices of the Energy Community Treaty have resulted in increased interest from foreign energy companies regarding investment in Serbia

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