EFT Montenegro d.o.o, a local subsidiary of EFT Group based in Herceg Novi, has successfully passed through the registration process on Montenegrin power exchange market and thus became the ninth MEPX markets member.
EFT Group is one of the pioneers and leading power trading and investment companies in Central and Southeastern Europe, active on day ahead, intraday and forward markets. Currently they trade on 15 European power exchanges, and also they deliver services and tailored solutions to their customers through long-term and short-term bilateral agreements. On average, EFT delivers around 18 TWh of electricity to their clients, including power utilities, industrial customers, traders and transmission and distribution system operators. Besides power trading, one of pillars of EFT's business strategy is investment in sustainable electricity generation throughout the Balkans, with the objective to become first privately owned, major electricity producer in the region.