elektroprivreda republike srpske

What elektroprivreda republike srpske does

Elektroprivreda Republike Srpske (MH ERS, Mješoviti Holding Elektroprivreda Republike Srpske) is the state-owned, vertically integrated electricity utility of the Republika Srpska entity of Bosnia and Herzegovina, headquartered in Trebinje and wholly owned by the Government of Republika Srpska. The company operates as a mixed holding (mješoviti holding) with 11 dependent enterprises covering generation (Hidroelektrane na Trebišnjici, Hidroelektrana na Drini, Hidroelektrane na Vrbasu, RiTE Gacko, RiTE Ugljevik), distribution through five electrodistribution companies (Elektrohercegovina, Elektrodistribucija Pale, Elektro Bijeljina, Elektro Doboj, Elektrokrajina), public supply, market supply, and an energy R&D center. Installed capacity is 1,300 MW producing roughly 6,000 GWh annually across hydroelectric (Trebinjica, Drina, Vrbas rivers) and coal-fired thermal sources (Gacko and Ugljevik), supplemented by new-build hydro (HE Dabar with CGGC, HE Buk Bijela, HE Foča, HE Paunci), the Trebinje solar plant, and the Hrgud wind farm. The supervisory board-adopted 2021 Business Plan projected total revenue of 677.41 million KM and net profit of 21.87 million KM, against a 2018 baseline profit of 16.5 million KM.

The business model is a regulated public-supply franchise: ERS is the designated public supplier of last resort for households and small consumers across 33 local communities, with tariffs set by the Regulatory Commission for Energy and an explicit "energy-protected customer" concept capping price shocks for vulnerable categories. Billing infrastructure processes roughly 580,000 invoices monthly and is supported by five regional service centers (Banja Luka, Bijeljina, Doboj, Pale, Trebinje) and an online portal at portal.ers.ba. A separate market supply directorate serves commercial and industrial customers on non-regulated terms. The April 2021 reorganization established a Distribution System Operator (ODS) compliant with the EU Third Energy Package and assigned ERS the public supply function for customers up to 35,000 kWh annual consumption. Go-to-market is direct, with no resellers; customer acquisition channels are the customer portal, a free info line (0800 50 120), and company-published notices. Distribution is restricted to the single domestic jurisdiction of Republika Srpska, with Western Balkans regional coordination limited to joint assets (PHE Čapljina with EP HZHB) and event participation (SET energy summit). Strategic capital partners include Sinohurst (Chinese state export-credit insurer) and CGGC, with whom ERS holds preferred status for the first time in the Balkans.

Name

elektroprivreda republike srpske

Legal name

Мјешовити Холдинг Електропривреда Републике Срнске (Mješoviti Holding Elektroprivreda Republike Srpske)

Website

https://ers.ba

Company type

Private

Founded year

2000

Operating status

Operating

Ownership category

akta.pro rank

Headquarters

HQ city

Trebinje

HQ country

Bosnia & Herzegovina

HQ region

Europe

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Electricity Generation and Supply: Revenue from generation and supply of electricity to residential, commercial, and industrial customers across Republika Srpska

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Elektroprivreda Republike Srpske (MH ERS) is a state-owned vertically integrated electricity utility that generates, distributes, and supplies electricity across Republika Srpska in Bosnia and Herzegovina. The company operates hydroelectric plants on the Trebišnjica, Drina, and Vrbas rivers, and coal-fired thermal plants at Gacko and Ugljevik, with 1,300 MW installed capacity and 6,000 GWh annual production. It serves as the designated public electricity supplier to households across 33 local communities and also provides market electricity supply to commercial and industrial customers.

Product overview

Elektroprivreda Republike Srpske (ERS) is a mixed holding company that operates as an integrated electricity utility with a portfolio of generation, distribution, and supply services. The company generates electricity from two primary sources: hydroelectric power (through HPPs on Trebišnjica, Drina, and Vrbas rivers) and thermal power (through coal-fired plants at Gacko and Ugljevik). ERS is implementing a major investment cycle to expand renewable energy capacity, including several hydropower projects (HE Dabar, HE Buk Bijela, HE Foča, HE Paunci), wind power (Hrgud), and solar power (Trebinje solar plant). On the supply side, the company operates both public electricity supply for households (covering 580,000 customers across 33 municipalities) and market supply for commercial customers. Digital services include a customer portal and consumption calculator accessible through the portal.ers.ba platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Public Electricity Supply Regulated electricity supply service for residential households and protected customer categories in Republika Srpska, with monthly billing capacity for 580,000 customers across 33 local communities.
• Market Electricity Supply

Quantifiable outcome

• 1300 MW installed generation capacity across the system
• +4 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• CGGC (China Gezhouba Group Corporation)coreStrategic or Co-development Partner · 21 September 2024CGGC is engaged in the construction of the largest hydroelectric power plant in the Balkans, HE Dabar. Works on the machine building and dam are progressing according to plan with expected completion within deadlines.
• Public Universities of Republika SrpskaminorStrategic or Co-development Partner · 22 June 2020Cooperation agreement signed with two public universities of Republika Srpska enabling university staff, teachers, and students to participate in project activities of ERS, strengthening the connection between science and industry.
• Hydroelectric Power Plants on Trebinjica (HE na Trebinjici)coreStrategic or Co-development Partner · 20 February 2019Subsidiary production company operating hydroelectric facilities on the Trebinjica river system
• China Three Gorges Corporation (CTG)minorStrategic or Co-development Partner · 26 October 2018Chinese company expressed special interest in participation and cooperation in the construction of the most important energy projects HE Dabar and HE Buk Bijela. Delegation visited Three Gorges Dam (22,500 MW installed capacity) as reference facility.
• Hydroelectric Power Plant on Drina (HE na Drini)coreStrategic or Co-development PartnerSubsidiary production company operating hydroelectric facilities on the Drina river
• Hydroelectric Power Plants on Vrsac (HE na Vrbasu)coreStrategic or Co-development PartnerSubsidiary production company operating hydroelectric facilities on the Vrsac river system
• Mine and Thermal Power Plant Gacko (RiTE Gacko)coreStrategic or Co-development PartnerSubsidiary production company operating coal mine and thermal power plant in Gacko
• Mine and Thermal Power Plant Ugljevik (RiTE Ugljevik)coreStrategic or Co-development PartnerSubsidiary production company operating coal mine and thermal power plant in Ugljevik, the most important energy facility in the ERS system and largest electricity producer in Republika Srpska
• Elektroprivreda HZHB (Elektroprivreda Herceg Bosne)minorStrategic or Co-development PartnerJoint production of electricity at PHE Capljina through cooperation agreement signed between Elektroprivreda RS and Elektroprivreda HZHB
• JP Elektroprivreda SrbijeminorStrategic or Co-development PartnerRegional electricity utility cooperation through energy summit participation

Scale indicators12 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• ČEZ Group: Czech Republic's largest integrated utility with diversified generation (nuclear, hydro, thermal, solar), distribution, and retail across Central Europe. Comparable by vertically integrated business model and central European regulatory environment, though operating at materially larger scale.
• Electricity Supply Board (ESB) Ireland: Irish state-owned vertically integrated utility with generation, transmission, distribution, and supply operations. Comparable by state-owned integrated utility structure and ongoing energy transition strategy.
• Public Power Corporation (PPC) Greece: Greek state-controlled vertically integrated utility with lignite, hydro, and renewable generation, plus distribution and supply. Comparable by state ownership, lignite exposure, and EU regulatory framework, with analogous coal-to-renewables transition challenges.

Direct peers

• Elektrani na Severna Makedonija (ESM): North Macedonian state-owned electricity generation utility, primarily thermal and hydro. Comparable by state ownership structure, generation portfolio mix, and Western Balkans regional position.
• JP Elektroprivreda Srbije (EPS): Serbian state-owned vertically integrated electricity utility with lignite and hydro generation, distribution, and supply. Closest regional peer by business model, scale, and coal-dependent generation mix; engages with ERS via the Summit of Energy Trebinje.
• Hrvatska elektroprivreda (HEP): Croatian state-owned integrated utility with generation (hydro, thermal), distribution, and supply across Croatia. Comparable by business model and Balkan geography; HEP is more advanced in EU regulatory compliance and renewable diversification.
• Elektroprivreda Hrvatske zajednice Herceg Bosne (EP HZHB): State-owned vertically integrated electricity utility serving the Federation entity of Bosnia and Herzegovina. Direct peer in the same country with similar generation (hydro/thermal), distribution, and supply operations; already engaged in joint projects with ERS (e.g., PHE Capljina).
• Korporata Elektroenergjetike Shqiptare (KESH): Albanian state-owned electricity generation utility, predominantly hydroelectric with vertically integrated operations. Comparable by state ownership, hydro-led generation mix, and Balkan regional footprint.

Others

• CGGC (China Gezhouba Group Corporation): Chinese state-owned EPC contractor currently constructing HE Dabar for ERS. Relevant as a core execution partner and an indirect participant in ERS's energy transition strategy.
• China Three Gorges Corporation (CTG): China's largest hydropower operator with 22,500 MW reference facility (Three Gorges Dam). Relevant as both a strategic partner of ERS for HE Dabar and HE Buk Bijela and a comparable hydro-heavy integrated operator in an adjacent geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights5 records

Customer concentration

• YouTubeyoutube.com/channel/UCbM9MJyI1aJ5J5J5J5J5J5A
• LinkedInlinkedin.com/company/elektroprivreda-republike-srpske-a-d-trebinje

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries13 records

Funding overview

Funding rounds

Investors

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 →

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