Brnabic: There have never been plans to privatise EPS

BELGRADE - Serbian PM Ana Brnabic said on Monday there had never been any plans to privatise the national power company EPS, but that the plan was to professionalise it in the best interest of employees.

A new supervisory board comprised of some of Europe's best experts has been appointed, and the new EPS director will be selected in a competition to fill the position, to be announced as soon as possible, Brnabic said at a press briefing hosted by her government at the Palace of Serbia to clarify dilemmas about a bill on management of state-owned enterprises.

She said she expected EPS to be managed more professionally in the future to enable it to compete with Europe's top energy companies and noted that, to Serbians, this would mean secure power supplies and long-term sustainability.

"At no time have we planned to privatise EPS. The plan is to professionalise EPS and I think that is in the best interest of the employees and that it will ensure higher wages to them," she said.