Serbian state-owned power utility EPS said on Tuesday its supervisory board has
approved plans to set up a unit in Slovenia in a bid to strengthen the company's
position on the regional electricity market.
EPS said in a statement the
planned launch of the EPS Trgovanje unit will give it a toehold on the market of
an EU member state, enabling it to trade with electricity within the bloc and
added that it first plans to start direct trading on the Hungarian power
exchange.
EPS Trgovanje will be incorporated after the move is approved
by the Serbian government.