Organization of the
Company

JP Elektroprivreda BiH d.d. - Sarajevo is a public enterprise in accordance with the Law on Public Companies, and it is organized as a joint stock company in accordance with the provisions of the Law on Companies. Its corporate bodies are: the Company Assembly, the Supervisory Board, the Management and the Audit Committee.

Company
Assembly

Responsibilities of the Company Assembly, which consists of shareholders, are prescribed by law and the Statute. The Assembly is convened when specified by law, other regulations and the Statute or when it is deemed to be in the best interest of the Company and its shareholders, and at least once a year.

Responsibilities of the Company Assembly, which consists of shareholders, are prescribed by law and the Statute. The Assembly is convened when specified by law, other regulations and the Statute or when it is deemed to be in the best interest of the Company and its shareholders, and at least once a year.

Supervisory
Board

The Supervisory Board consists of seven (7) members who are appointed and dismissed by the Company Assembly in accordance with the FBiH Law on Companies. The Supervisory Board elects one of its members as president.

The Company Supervisory Board supervise business of the Company,oversees work of the Management board and have other authorised competences prescribed by Law and Statute of the Company .
The sessions of the Supervisory Board are held once a month .
At the 39th (extraordinary) Assembly of the Company held on April 20 , 2016  were appointed the members of the Supervisory Board of  JP Elektroprivreda BiH d.d. – Sarajevo for  period untill  the end of four years  mandate - began on 26.08.2015.


Dr.sc. Izet Žigić - President of the Supervisory Board

Dr. Izet Žigić was born in Lukavac in 1956. He graduated and  received his academic degree Master of science  and  Doctor of Science from the Faculty for mining – technology in Tuzla. He worked at the coal mine and Thermal power plant Ugljevik.
Today he is full-time professor at the Faculty for Mining - Department for hydrology and hydrotechnic, at the University of Tuzla. He is the member of Association of Geologists of Bosnia and Herzegovina.

Dr.sc. Izet Žigić published three books and more then 120  scientific-professional papers. 
  
He holds no shares of  JP Elektroprivreda BiH d.d. – Sarajevo or shares in the companies which may be considered competitive to JP  Elektroprivreda BiH d.d. – Sarajevo.


Dr.sc. Milenko Obad - Member of the Supervisory Board

Dr.sc. Milenko Obad was born in Čapljina in 1962. He graduated from the Faculty for Mechanical engineering  in Mostar in 1985. He earned degree of Master of Science in 1989 at the Faculty of Mechanical Engineering, University of Zagreb and PhD in 1999 at the Faculty of Mechanical Engineering, at the University of  Mostar. Dr.sc. Milenko Obad is employed as full-time professor at the Faculty for mechanical engineering - University of Mostar. He is also associate professor at University Dubrovnik and University of Osijek.

He published three books and  more then 70 scientific-professional papers.  

He holds no shares of  JP Elektroprivreda BiH d.d. – Sarajevo or shares in the companies which may be considered competitive to JP  Elektroprivreda BiH d.d. – Sarajevo.


Mr.sc. Jakub Dinarević - Member of the Supervisory Board

He was born in Breza in 1956. He graduated at the Faculty for Mining-Geological engineering in University of Tuzla in 1982. He earned degree of Master of science in 2004 at the Faculty for geology - mining, at the University of Tuzla. Since 1982 he had held various job positions, from intern to manager, at coal mine "Breza". Currently, he holds the position of Chief for Department of mining and environment.

He holds no shares of  JP Elektroprivreda BiH d.d. – Sarajevo or shares in the companies which may be considered competitive to JP  Elektroprivreda BiH d.d. – Sarajevo.


Dr.sc. Izudin Džafić - Member of the Supervisory Board

Dr. sc.Izudin Džafić graduated in 1996  from the Faculty for Electrical and Mechanical engineering in Tuzla. His Doctor Science degree he gained in 2002  at the Faculty for electrical and computing engineering - University of Zagreb . Dr. sc. Izudin Džafić is Assistant professor  at the International University of Sarajevo.  

He has published four books and more then 70 scientific-professional papers and is owner of 8 international patents from electroenergy field. 

He has no shares of  JP Elektroprivreda BiH d.d. – Sarajevo nor shares in the companies groups which may be considered competitive to JP  Elektroprivreda BiH d.d. – Sarajevo.


Sead Rešidbegović - Member of the Supervisory Board

He was born in 1956 in Gračanica. He graduated from the Faculty of Architecture in 1979 – University of  Sarajevo. He worked at the office "Projekt Gračanica" and was general manager of the company "Terme".

He also held position as Minister for physical planning and environment protection in Tuzla Canton, was general manager of company "Eco energy" d.o.o. Tuzla. In company "Tehnobiro" d.o.o. Tuzla, he worked as the Head of the Project Office. During the period 1996-1998., he was MP in the Parliament of Federation of Bosnia and Herzegovina.  
  
He holds no shares of  JP Elektroprivreda BiH d.d. – Sarajevo, or shares in the company groups which may be considered competitive to JP  Elektroprivreda BiH d.d. – Sarajevo.


Dr.sc. Ramiz Kikanović - Member of the Supervisory Board

He was born in Tuzla in 1957, graduated and holds a MA degree from the Faculty of Economics University Tuzla and PhD at  the accredited Faculty of Economics and Engineering Management of the Economic Academy in Novi Sad.
He is engaged in several universities. He is a Dean of Computer Science Faculty at American Northwest University in Travnik where is associate professor at the Department of Accounting and Auditing.

He is member of the Federation of Accountants, Auditors and Financial Professionals of Federation BiH. He has the certificates of independent accountants and certified auditor. He was a member of  the Examination commission for the administarators of Federation of Bosnia and Herzegovina. Published two books, made reviews for three books and published more scientific and professional papers.

He has no shares of JP Elektroprivreda BiH d.d. – Sarajevo, nor shares in company groups which may be considered competitive to JP Elektroprivreda Bosne i Hercegovine d.d. – Sarajevo.


Mr.sc. Hasen Mašović - Member of the Supervisory Board

Mr.sc. Hasen Mašović was born in Zagreb in 1951. Hasen Mašović  graduated in 1974 at the Faculty of Electrical Engineering - University of  Zagreb, Department of Automation. He earned degree of Master of science in 1976 at the Faculty of  Economy - University of  Zagreb  and  also earned degree of Master of science at the Faculty of Computing science and  Electrical engineering, University of Zagreb.

 
Mr.sc.Hasen Mašović is the general manager of company KOPROM  HANDELSGESELLSCHAFT  M.B.H., with headquarter in Vienna, Austria.

He holds no shares of  JP Elektroprivreda BiH d.d. – Sarajevo or shares in the companies groups which may be considered competitive to JP  Elektroprivreda BiH d.d. – Sarajevo.

Audit
Committee

The Audit Committee consists of three members elected by the Company Assembly in accordance with the law and the Company Statute.

The Audit Committee elects one of its members as a president of the Audit Committee. Duties and responsibilities of the Audit Committee are prescribed by the law and the Company Statute.

At the 39th Assembly of the Company, held on 20.04.2016, were appointed members of the Audit Board of JP Elektroprivreda BiH d.d.- Sarajevo for period of four years from a date of appointment. 

 


Mr. sc. Almira Zulić Burek - President of the Audit Board

Almira Zulić Burek was born in 1977 in Kalesija. She graduated and gained Master of Science degree at the Faculty of Economics, University of Tuzla. She worked at various positions in referent economy field as: accounting, finance and managing at companies,  Polo Junior d.o.o.Kalesija, C.P.A. d.o.o.  Tojšići-Kalesija,  Hypo-Alpe-Adria-Leasing d.o.o. Sarajevo/Banja Luka -  as Office Manager in Tuzla  and  Bijeljina,  Nova banka a.d. Banja Luka – head for works with legal entities. At company  Klas d.d. Sarajevo Director for Sale, VD Director Pretis DD Vogošća.
 Mr. sc. Almira Zulić Burek has completed many educations, seminars and courses from financing and management field. She published a certain scientific papers and gained knowledge Certified Accountant.   

She holds no shares of  JP Elektroprivreda BiH d.d. – Sarajevo or shares in the companies which may be considered competitive to JP  Elektroprivreda BiH d.d. – Sarajevo.


Mr.sc. Muzafer Brigić - Member of the Audit Board

Mr.sc. Muzafer Brigić was born in Banovići in 1977 . He  graduated and gained Master degree at the  Faculty for Economy, University of Tuzla .

He worked at the industry „Helios“ Banovići as an Executive manager for economic affairs ,  Deputy Executive manager for economic affairs, worked in field of market research, director of  the Team  for water quality, chief of Team for implementation and administration and a member of  Managing board and  President of the Supervisory Board   „Helios“ d.d. Banovići.

He has knowledge for Certified Accountant, independent Accountant and court interpreter in  economic affairs.

He has no shares of  JP Elektroprivreda BiH d.d. – Sarajevo nor shares in the companies groups which may be considered competitive to JP  Elektroprivreda BiH d.d. – Sarajevo.


Senad Herenda - Member of the Audit Board

Senad Herenda was born in Goražde in 1961. He graduated in 1983 at the Faculty of Economics, University of Sarajevo. He worked at various operative jobs and managing positions in companies: JKP RAD Sarajevo, JKP PARK, Bureau for Water Management and BH Telecom.

He gained ceritficate for independent Accountant, certified Auditor and court interpreter in  economic affairs.

He holds no shares of  JP Elektroprivreda BiH d.d. – Sarajevo or shares in the companies which may be considered competitive to JP  Elektroprivreda BiH d.d. – Sarajevo.

Company
Management


Bajazit Jašarević - General Manager

Bajazit Jašarević was born in 1957 in Gornji Srebrenik. He graduated in 1980 at Faculty of Electrical Engineering - University of Tuzla. In period 1980 – 1994 worked at the Coal Mine "Kreka". He started to work in company JP Elektroprivreda BiH in 1994 as Chief engineer for coal exploatation "Elektrodistribucija" Tuzla. Bajazit Jašarević worked at several engineering and chief positions at Thermal Power Plant "Tuzla". In 1995-1999 was director of TPP "Tuzla". He also served as Premier of Tuzla Canton and Representative in the Assembly of Tuzla Canton and House of the Parliamentary Assembly of BiH.

Bajazit Jašarević holds no shares of JP Elektroprivreda BiH d.d. - Sarajevo, or shares in the companies which might be considered competitive companies to JP Elektroprivreda Bosne i Hercegovine d.d. – Sarajevo.

 


Sc.D. Nevad Ikanović - Executive Director for production

Nevad Ikanović was born in Tuzla in 1973. He graduated in 1999 from the Faculty for Mining – Geology – Civil Engineering - University of Tuzla and earned his Master degree of Technical science. His academic degree Doctor of Technical Science – mining field he earned at Faculty of Mining – Geology – University of Belgrade.
 In period 1999 - 2015. worked at the Coal mine RMU „Banovići“, at engineering and chief positions. He is author and revident of many projects , elaborations and studies - mining filed.
 He gained technical training and experiences in mines in Chech Republic, Poland and Turkey .

Nevad Ikanović has no shares of JP Elektroprivreda BiH d.d. - Sarajevo, nor shares in the companies which might be considered competitive companies to JP Elektroprivreda Bosne i Hercegovine d.d. – Sarajevo.


Admir Andelija - Executive Manager of Distribution

Admir Andelija was born in 1969 in Tuzla, Bosnia and Herzegovina. He graduated from the Faculty of Electrical Engineer in Tuzla 1996.
His professional work he spent as employee  of  JP Elektroprivreda BiH ,  at various engineering and managing positions where he gained  work experiences in field of electricity distribution.
In period 2011 – 2016 Andelija was at position Executive Manager of electricity distribution.

He holds no shares of JP Elektroprivreda BiH d.d. – Sarajevo  or shares in the competitive companies which might be considered competitive companies to JP Elektroprivreda Bosne i Hercegovine d.d. – Sarajevo.


Sc.D. Džemo Borovina - Executive Director for electricity supply and trading

Džemo Borovina was born in 1962 in Borovinići - municipality Foča. He graduated in 1989 at the Faculty for Electrical Engineering - University of Belgrade. He received Master Science degree at the Faculty of Electrcial Engineering Sarajevo.
He was engaged in the state institutions and organizations. He made significant contribution to the Army BiH defence and is the War veteran. He worked as a professor of secondary and senior assistant at the Faculty of Electrical Engineering in Sarajevo. In JP Elektroprivreda BiH Džemo Borovina has been working from 2000 , Head of Sector for telecommunications. In period 2008-2015. was Head of Sector for information communication technology He has great professional experiences in telecommunications , informatic and control system.

He holds 48 shares of JP Elektroprivreda BiH d.d. – Sarajevo which is 0,0002% of the total number of the shares. He holds no shares in the companies which might be considered competitive companies to JP Elektroprivreda Bosne i Hercegovine d.d. – Sarajevo .


Muhamed Ražanica - Executive Director for economic affairs

Muhamed Ražanica was born in 1961 in Goražde. He graduated at the Faculty for Economics University in Mostar in 1985. He started to work in JP Elektroprivreda BiH in 1996. In period 1998 – 2004 he worked as head in Section "Elektrodistribucija" in Goražde. In period 2007 – 2008 he was director "Elektrodistribucija" Sarajevo and Acting Executive Director for economic affairs in period 2010- 2011, Head of Sector for Finance managing control in JP Elektroprivreda BiH.

In his professional career he worked as an inspector for the prevention and detection of economic crime , organizer of automated information and developer of application software.

Muhamed Ražanica holds no shares of JP Elektroprivreda BiH d.d. - Sarajevo, or shares in the company which might be considered competitive companies to JP Elektroprivreda Bosne i Hercegovine d.d. – Sarajevo.


Sc.D. Senad Salkić - Executive Director for Capital Investments

Senad Salkić was born in 1981 in Tuzla. He graduated at the Faculty for Economic - University of Tuzla where he earned degree of Master of Science and academic degree Doctor of Economic science. In period 2005 – 2015 worked at Thermal Power Plant "Tuzla" in Sector for economic affairs. He attended and completed many seminars and courses and issued several scientific and professional papers.

He holds 29 shares of JP Elektroprivreda BiH d.d. – Sarajevo which is 0,0001% of the total number of the shares. He holds no shares in the companies which might be considered competitive companies to JP Elektroprivreda Bosne i Hercegovine d.d. – Sarajevo.

Subsidiaries

Thermal power plants
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Hydro Power Plants on Neretva
Area of the river Neretva basin is one of the most important in Bosnia and Herzegovina from the standpoint of energy. The morphology of the terrain in the area of the basin and uneven precipitation in winter and spring period cause the sudden occurrence of floods with significant flows. Medium natural annual flow in Mostar is 197.4 m³/sec.
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Distribution
Electricity distribution activity is organized into five distribution parts.
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