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Publication of ELES Annual Report for the year 2016

The year of 2016 at ELES Company was marked by successes in terms of formulation and implementation of international projects in the field of smart grids, a 110 kV grid takeover and the renewal of the concession for a general economic service as the electricity system operator.

Despite the unfavourable situation of the energy supply market, our Company operated successfully. We created EUR 163.7 million in total revenue – 7% higher than in 2015. Profit or loss before taxes amounted to EUR 12.3 million, and after deferred taxes the net profit of the Company amounted to EUR 12.6 million.

We are proud of the results that we achieved in 2016. We invite you to read the annual report and see how we realise our mission, what results we achieve and what our plans are for the future.


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