AD ESM, Elektrani na Severna Makedonija

General Information
Industries
Energy
Funding Stage
Grant
Product Stage
-
Business Model
-
Company Overview
Founded
2005
Employees
143
Location
, Macedonia
Website
AD ESM, Elektrani na Severna Makedonija - Company Details

AD ESM, Elektrani na Severna Makedonija (ESM) is a Join Stock Company owned by the Government of Republic of North Macedonia. It operates in the energy sector, and it was founded in 2005. ESM's primary focus is not only electricity production but also finding new energy sources and improving ecological awareness. The company plays a crucial role in the economic development of the country by providing approximately 90% of the entire domestic production of electricity. It boasts impressive production capacities, with thermo power plants having an installed capacity of 842 MW, hydro power plants with 554 MW, and a wind park with 36.8 MW.

ESM's commitment to environmental consciousness is evident in its efforts to improve nature and create energy sustainably. Its last investment amounted to €20.00M in the form of a grant investment from KfW, which occurred on 17 March 2024. The company recognizes the importance of its workforce and attributes its success to the dedication, professionalism, and responsibility of its employees. ESM prioritizes the continuous education and development of its staff, who contribute to the company's ongoing achievements.