Dušan Nikezić, the Vice President of the Freedom and Justice Party (SSP), has called for the introduction of a state of emergency in Serbia’s energy sector, the appointment of professional management at the Electric Power Company of Serbia (EPS) and accountability for the significant losses incurred by EPS in the second half of 2024. Nikezić claims that EPS, the largest Serbian company in terms of revenue, reported a loss of 57 million euros from July to August, citing factors such as coal production falling short of planned targets, corrupt deals for the import of low-quality coal from the region, frequent breakdowns of thermal blocks, and emergency electricity imports.
“This devastating result reflects the failure of this government and Energy Minister Dubravka Đedović Handanović, who, as the only member of the EPS Assembly, dismissed and unfairly fired Miroslav Tomašević, the director who stopped privatization, brought order to the company, and ensured electricity security. Instead, she replaced him with the incompetent Dušan Živković, who blindly follows her orders,” Nikezić stated in a written release.
Despite these claims, EPS was recognized by the Agency for Business Registers as the most successful large company in Serbia in 2023, reporting an 8.7% net profit and contributing 2.7% to the economy’s total business income.
