EPS Assembly adopts plan of transformation of that company

The Assembly of the Joint-Stock Company (JSC) Elektroprivreda Srbije (EPS) has adopted the Plan of Transformation of that company, which defines the changes of the organizational structure and the improvement of the operating and financial processes without reducing the salary budget.

The company has announced that an important structural item within the arrangement with the International Monetary Fund has thereby been fulfilled.

The changes in the organizational structure are directed, among other things, at improving the digitization of the business processes and services while increasing the security of the system and the data and having a more efficient management of investments and human resources.

The structural changes will be implemented “along the whole system, with precisely defined procedures and responsibilities.”

The aim of the planned reforms is for EPS to become a “market-oriented, profitable company, oriented toward increasing customer satisfaction and realizing the goals of the Green Agenda.”

– With the realization of the Plan of Transformation, by 2030, EPS will improve its operating performances so that, in the next years, it would be able to compete with the most developed companies in the European Union. By that time, the realization of an important investment cycle, along with a reduction of costs, is planned – the announcement says.

It is added that the forming of the Office for Transformation, which will consist of EPS employees and external experts, is in progress.

Elektroprivreda Srbije ad Beograd

Elektroprivreda Srbije

EPS

Assembly of the Joint Stock Company Elektroprivreda Srbije

EPS Office for Transformation

EPS Plan of Transformation

EPS structural changes