JP ELEKTROPRIVREDA BIH

What JP ELEKTROPRIVREDA BIH does

JP Elektroprivreda BiH d.d. – Sarajevo (EPBiH) is a state-owned, vertically integrated electricity utility headquartered in Sarajevo, Bosnia and Herzegovina, founded in 1945 and listed on the Sarajevo Stock Exchange under the ticker JPESR. The company is the designated public/universal electricity supplier and reserve supplier for the Federation of Bosnia and Herzegovina, generating, transmitting, distributing, and supplying electricity through wholly owned subsidiaries covering thermal power plants, hydroelectric facilities on the Neretva river, coal mining, distribution system operations, and supply. EPBiH serves regulated household customers at FERK-approved tariffs, commercial and industrial customers at competitive market rates, and customers of special social importance, with a public-supply franchise complemented by a market-supply and wholesale trading license and a 90-day backup-supply obligation.

The company's product architecture is a platform-plus-modules model built on the Moja energija digital portal, which integrates core supply services (Javno snabdijevanje / Tržišno snabdijevanje / Rezervno snabdijevanje) with add-on modules including E-kancelarija (E-Office for market customers), E-račun (electronic invoicing), SMS balance alerts, an online tariff calculator, electromobility/EV charging, energy efficiency advisory, prosumer services, and a green electricity product. Distribution is direct across all voltage levels from 0.4 kV to 110 kV+, supported by physical customer service centers and a free telephone line. EPBiH's go-to-market is sales-led under a government mandate, with household customers retaining the right to choose supplier under FBiH law, creating partial competitive dynamics in the supply segment.

EPBiH is executing an active renewable energy transition financed by international development institutions: a €40.1 million EBRD (€25.1M) and UniCredit (€15M) package for a 50 MW solar portfolio on a former coal ash landfill in Gračanica (announced August 2024), a €19.93 million KfW grant for the 50 MW Vlašić wind farm (accepted May 2026), and participation in the World Bank's Scaling Up Renewable Energy (SURE) Project. The company employs 5,001–10,000 people across the Koncern EPBiH group and is led by General Director Sanel Buljubašić. EPBiH has no disclosed AI/ML capabilities; its digital stack is transactional rather than AI-driven.

Name

JP ELEKTROPRIVREDA BIH

Legal name

JP Elektroprivreda BiH d.d. – Sarajevo

Website

https://epbih.ba

Company type

Public

Founded year

1945

Operating status

Operating

Headcount range

251–500 employees

Short description

JP Elektroprivreda BiH (EPBiH) is a Sarajevo-based, state-owned vertically integrated electricity utility generating, distributing, and supplying power to households, businesses, and socially important customers across the Federation of Bosnia and Herzegovina under regulated public-supply and competitive market-supply mandates.

Ownership category

akta.pro rank

Headquarters

HQ city

Sarajevo

HQ country

Bosnia & Herzegovina

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Supply Chain, Technology or R&D, Others

Revenue model

1. Public Electricity Supply: Regulated public service electricity supply to household customers, small customers, and end customers of special social importance under the Law on Electricity of the Federation of BiH. Prices are proposed by the company and approved by FERK (Regulatory Commission for Energy in FBiH).
2. Market Electricity Supply and Trading: Supply of electricity to end customers on the competitive market and trade of electricity on the wholesale market. Quantities and prices are freely negotiated and contracted between the supplier and the customer. The company holds a license for supply and trade of electric energy.
3. Backup Supply: Temporary supply of electricity to end users who no longer have an electricity supplier, for a maximum period of 90 days, under conditions laid down in the Electricity Act.
4. Electricity Distribution Network: Operation of the electricity distribution system within the company's service area in the Federation of BiH, including connection services and grid management.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

JP Elektroprivreda BiH is a vertically integrated electric power utility that generates, distributes, and supplies electricity across the Federation of Bosnia and Herzegovina. Its regulated public supply serves households, small customers, and customers of special social importance at FERK-approved tariffs, while its market supply arm offers competitively priced electricity to qualified end customers and on the wholesale market. The company also operates hydroelectric plants on the Neretva river, thermal power plants, and is developing solar and wind renewable energy projects.

Product overview

JP Elektroprivreda BiH operates a platform-plus-modules architecture centered on electricity supply services. The core platform includes Public Supply (regulated tariff electricity for households and small customers) and Market Supply (competitive electricity for qualified customers choosing suppliers). The customer-facing Moja energija (My Energy) portal serves as the unified digital interface, integrating multiple add-on modules including E-kancelarija for market customers, E-račun for electronic invoices, SMS account balance notifications, and the Online Calculator. Additional service modules cover Electromobility (EV charging infrastructure), Energy Efficiency advisory services, Prosumer Services for renewable energy producers, and Green Energy products for market customers. The company also offers Backup Supply as a temporary service for customers without a supplier. The architecture supports both public utility customers and competitive market participants through a bilingual (Bosnian/English) web presence.

Differentiator

Problem solved

Functional benefit

Brands

• Moja energija: Customer portal for EPBiH providing electricity supply services, bill management, and energy transition information for residential and commercial customers.

Products and services

• Public Supply (Javno snabdijevanje) Regulated public electricity supply service providing electricity to household customers, small businesses, and customers of special social importance at prices approved by the Regulatory Commission for Energy in FBiH (FERK). Customers are connected at 0.4 kV through 110 kV+ voltage levels and receive monthly billing.
• Market Supply (Tržišno snabdijevanje) Competitive market-based electricity supply service for qualified end customers who freely choose their electricity supplier, plus wholesale electricity trading. Quantities and prices are freely negotiated and contracted between the supplier and the customer.
• Backup Supply (Rezervno snabdijevanje) Temporary electricity supply service for end customers who no longer have an electricity supplier, provided for a maximum period of 90 days under conditions laid down in the Electricity Act.
• Electromobility (Elektromobilnost) — EV Charging Network Public electric vehicle charging infrastructure service providing charging stations for EV owners across the EPBiH distribution network, with electronic payment capability introduced in April 2026.
• Prosumer Services Services for prosumers — customers who both consume and produce electricity from renewable sources — enabling grid connection, net metering, and integration of distributed renewable generation into the EPBiH network.
• Green Energy (Zelena energija) Green electricity product allowing market supply customers to purchase electricity generated from renewable energy sources, supporting their sustainability objectives.
• Energy Efficiency Services (Energetska efikasnost) Energy efficiency advisory and support services helping customers reduce electricity consumption and optimize energy usage, covering production, distribution, and supply efficiency management.
• Moja energija (My Energy) Customer Portal Unified digital self-service portal for EPBiH customers, enabling account balance checks, bill viewing and payment, e-invoice registration, SMS balance alerts, service requests, and access to additional services such as EV charging, prosumer services, green energy, and the online electricity cost calculator.

Quantifiable outcome

• 50 MW of new solar capacity to be built on former coal ash landfill in Gračanica, contributing to Bosnia's 43.6% renewable energy target by 2030

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Regionalni centar za obrazovanje i informisanje iz održivog razvoja za jugoistočnu Evropu (REIC)supportingStrategic or Co-development Partner · 8 May 2026EPBiH and REIC co-organized an Info Day for future prosumers, focused on the model of active citizen participation in the energy transition toward sustainable electricity production. REIC serves as a regional center for education and information on sustainable development in Southeast Europe.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Regional players

• ELES: Slovenian electricity transmission system operator; comparable as a regional grid operator with public ownership structure and similar role in cross-border electricity flows in the Western Balkans.
• Elektroprivreda Srbije (EPS): Serbian state-owned electric utility with generation, distribution, and supply operations including lignite/coal and hydro assets; highly comparable as a regional peer facing similar transition and regulatory dynamics.
• Elektromreža Srbije (EMS): Serbian transmission system operator; comparable as a regional transmission/grid peer with similar public-utility governance and role in the Western Balkans electricity network.
• Hrvatska elektroprivreda (HEP Group): Croatian state-owned vertically integrated electric utility with generation, distribution, and supply; comparable business model and customer offerings though operating in an EU member state with more advanced market liberalization.

Broad incumbents

• Public Power Corporation (PPC) Greece: Vertically integrated incumbent utility with lignite/coal generation transitioning toward renewables; comparable state-influenced ownership and operational footprint in Southeast Europe.
• PGE Polska Grupa Energetyczna: Large Central European integrated utility with conventional generation, distribution, and renewable transition; comparable in operating model and in managing coal-to-renewables shift.
• CEZ Group: One of Europe's largest vertically integrated utility groups with generation, distribution, and supply across Central Europe; relevant comparable for the integrated utility model and transition from lignite/coal toward renewables.
• EVN Group: Austrian-headquartered integrated energy group with distribution and supply across Central and Southeastern Europe; comparable as a regional utility operator with renewables expansion strategy.

Direct peers

• Elektroprivreda Hrvatske zajednice Herceg Bosne (EPHZHB): The other main vertically integrated electric utility in Bosnia and Herzegovina, operating in the Croat-majority cantons; directly comparable as a state-affiliated generation/distribution/supply utility in the same country and regulatory environment.
• MH Elektroprivreda Republike Srpske (ERS): State-owned vertically integrated electric utility serving Republika Srpska; comparable in scope (generation, distribution, supply), customer base, and regulatory model within the same country.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/jp-elektroprivreda-bih-d.d.-sarajevo

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries5 records

Funding overview

Funding rounds1 record

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about JP ELEKTROPRIVREDA BIH