Crnogorski Elektroprenosni Sistem and Elektromreža Srbije Strike Major Electricity Transmission Deal

In a move seen as a significant milestone in European energy integration, Crnogorski Elektroprenosni Sistem (CGES) and Elektromreža Srbije (EMS) have formalised an agreement aiming to enhance the region's electric transmission capabilities.

The collaboration centres around the construction of the 400 KV “Pljevlja-Bajina Bašta-Višegrad” interconnector, a key component of the ongoing Trans-Balkan Corridor project. This initiative seeks to bolster the electric transmission conditions between the northern and southern sectors of the region. 

The overarching goal is to further integrate the electric market, aligning closely with European energy policy priorities.

The accord was signed by the Chief Executives of CGES and EMS, Ivan Asanović and Jelena Matejić. Both leaders expressed that this undertaking would substantially reinforce the mutual cooperation between the two firms, adhering to national legislation and international treaties of Serbia and Montenegro.

Chief Executives of CGES and EMS, Ivan Asanović and Jelena Matejić

Sources close to the matter have hinted at a high-calibre partnership on the horizon, encompassing information exchange, knowledge-sharing, and organising collective preliminary actions. Mutual support is cited as a projected benefit, ensuring the project’s fruitful completion to the benefit of both nations.

Both CGES and Elektromreža Srbije are poised to enhance their transmission service quality, ensuring full compliance with European standards. Additionally, they are eager to play an active role in the regional electric market of Southeast Europe. Notably, integrating renewable energy sources stands out as a prime advantage of this cooperation.

For context, the 400 kV dual-system overhead line “Pljevlja – Bajina Bašta – Višegrad”, as part of the Trans-Balkan Corridor, ensures improved electrical connectivity amongst Montenegro, Bosnia and Herzegovina, Serbia, and broader Europe.

Have a news tip or story to share? Email us at info@connectingregion.com

Čadež: AI Represents a Generational Opportunity for Serbia

Speaking at the Business Summit 2026 conference in Ložionica, attended by more than 400 participants and 200 business leaders from Serbia...

Slovenian Startup Wins Top Award For DNA Data Storage Technology

BioSistemika won the top prize at the Podim Pitching Competition in Maribor with DATANA, a patented technology designed to store digital data...

Gen Z Lives With AI, But Doesn’t Trust It

Artificial intelligence has become routine for Generation Z in Serbia. More than 80% of young people see AI as...

Microsoft Marks 30 Years in Croatia as AI Becomes the Next Battleground

Microsoft’s journey in Croatia began in 1996 with a modest team of four, led by Goran Radman. Three decades later, the...

Kraš Starts 2026 with Revenue and Profit Growth

Kraš Group reported €45.5 million in revenue in the first quarter of 2026, up 4.3% year-on-year, while net profit...
spot_img

Connecting the Adria Region Decision Makers

The Region is more than a publication - it's where the region's elite converge for insights and opportunities