Montenegro, 15.11. CEDIS to apply for EBRD loan

Montenegrin electricity distribution system (CEDIS) is considering to apply for a loan from the European Bank for Reconstruction and Development (EBRD), which will be used for the completion of the modernization of the distribution network in order to transit towards a fully functioning smart grid system. The investments in this project include: modernization and/or replacement […]

Montenegrin electricity distribution system (CEDIS) established – Montenegro, 23 June 2016

The Shareholders’ General Assembly of Montenegrin power utility EPCG at an extraordinary session adopted a decision on the establishment of limited liability company called Montenegrin electricity distribution system (CEDIS) and the decision on the acceptance of the contribution in kind for CEDIS. Shareholders’ Assembly unanimously accepted this proposal made by EPCG’s Board of Directors. The […]

Shareholders’ Assembly of EPCG postponed – Montenegro, 30 May 2016

Extraordinary Shareholders’ Assembly of Montenegrin power utility EPCG, on which the separation of the distribution unit was supposed to be approved, has been postponed due to the absence of the representatives of the state. EPCG’s Secretary, Milivoje Vujacic explained that the state representative has not been named yet due to the administrative problems during the […]