The transformation plan of EPS, recently adopted by the company’s Assembly, includes the abolition of the executive director position overseeing the electric power portfolio, which also manages electricity trading, according to sources familiar with the matter as reported by Danas. EPS has announced that the plan aims to restructure the organization and enhance operational and financial processes without reducing the salary budget.
Critics argue against abolishing the executive director role, emphasizing its pivotal role in electricity trading, a crucial aspect of the company’s operations. They contend that this position provides the necessary independence to formulate strategies for buying and selling electricity. The executive director collaborates with their team to develop trade plans aligned with budgetary considerations, presenting these decisions at scheduled company meetings. The only authority capable of overriding these decisions, if needed, is the general director, according to insiders.
Critics further highlight that the dedicated service overseeing electricity trading operates more effectively as a distinct entity, conducting its analyses and evaluations. They express concern that dismantling this function would diminish efficiency, deeming the decision detrimental to the company’s interests.
Moreover, critics question the necessity of creating an “Office for Transformation,” as announced by EPS authorities, suggesting that such an entity has existed for several years without significant changes.
