Structural changes are beginning in all the production sectors and the operating system of EPS. The long-announced reforms of our biggest enterprise are enabled by the Transformation Plan which the company’s Assembly adopted last week. The general director of EPS, Dusan Zivkovic, points out that the geopolitical situation and the challenges that we have been facing in the past period, especially in 2022, as well as the energy crisis, have imposed a new reality in the energy sector both locally and globally.
– Energy companies are facing crucial topics, which concern energy sovereignty, energy security, the changes related to the green agenda and the transformation of the energy sector into something new. That’s where EPS sees the need to change, to initiate the process of structural reforms, to start transforming the company, which will primarily aim to achieve long-term financial stability, a long-term energy security, but also the necessary investments that are supposed to accompany it all – Zivkovic emphasized on RTS.
On the other hand, we are also witnessing the fluctuation of the employees and the movement trends in the world when it comes to the labour force.
– We are experiencing this in Serbia too and that segment as well is a topic that will be treated as a process of boosting human resources through the transformation of EPS, believing that the transformation of the company in that sense will benefit both the company and the citizens of Serbia – explains Zivkovic.
According to him, that entails certain operating improvements of the business operations.
The director of EPS repeats that that’s not the topic at all, that financial and energy security are the topics.
– The importance of electrical energy trade is not questioned and putting that part of the company, that is, that function, under my jurisdiction as the general director only proves how important within the company that part is – emphasizes Zivkovic.
Zivkovic notes that, based on the adopted documents, in the next year and a half to two years, the implementation of the process of the transformation of EPS should be carried out.
The overhauls have begun, the hydrology situation is good, and electricity is being imported.
– That segment of the commercialization of the company also entails a profit. There are days, for example, like the last weekend, when the market prices are at the level of minus 10 to five to 10 euros. Certainly, that’s a period where own resources should be saved, and it is precisely these hydrology sources and the coal deposits that should be saved and get relatively cheap electricity which can later be deployed at some other moments, when it is considerably more expensive, because in the evening hours, it can be EUR 200 per megawatt-hour – explained Zivkovic.
One of the important segments in the transformation of the company is financial stability, and it will be achieved by participating actively in the electricity market, adds the director of EPS.
Zivkovic added that the price of electricity will not increase and that it is likely to remain the way it is.
– There is no basis or reason for an electricity price increase this year – Zivkovic underlines, Ekapija reports.
