EFT is pursuing an ambitious plan of investment across
South-East Europe. The Group’s aim is to become the first privately
owned, major energy producer in the region. EFT’s strategic objective is to deliver a substantial part of
its trading portfolio from own energy sources and, as a result, to
ensure the long term stability of the Group’s trading operation.
The cycle of investment includes the building of Stanari TPP,
which will be the first new thermal power plant in the western
Balkans in the last 30 years. EFT is also competing to build the
Boskov Most HPP in Macedonia, as well as small hydro-power plants
and wind generators in Montenegro. The Group is also exploring the
possibility of building a 132 MW thermal power plant at the
Čukara
location in central Serbia.
The company has already successfully realised over EUR 50
million of investment, in the Fatničko Polje accumulation tunnel and
the Stanari mine in Bosnia and Herzegovina. This makes EFT the
biggest foreign investor in Bosnia and Herzegovina’s energy sector
to date.
All of EFT’s investments are developed in line with the
European Union directives on protection of the environment. The
company’s philosophy is that apart from providing sound basis for
future growth of EFT, the investments should also stimulate
progress, job and wealth creation, and provide foundation for
sustainable growth throughout the local communities.