Energoinvest

Last updated
Energoinvest
Company type Corporation
Industry Engineering
Founded19 April 1951;73 years ago (1951-04-19)
Headquarters Sarajevo, Bosnia and Herzegovina
Key people
Mirza Ustamujić (Director)
ProductsEquipment, Services, and Installation for Electrical Power Generation and Transmission
Civil Constructions and Architecture, Information and Communication Technologies
RevenueIncrease2.svg 65.84 million (2018) [1]
Increase Negative.svg(€5.59 million)(2018) [1]
Total assets Increase2.svg €106.04 million (2018) [1]
Total equity Steady2.svg €0 (2018) [1]
Number of employees
350 (2018) [1]
Website www.energoinvest.com

Energoinvest (full name: Energoinvest, d.d. - Sarajevo) is a Bosnian multidisciplinary engineering and energy company [2] with headquarters in Sarajevo, Bosnia and Herzegovina.

Contents

History

Energoinvest was established as a small design office under the name of "Elektroprojekt" [3] in 1951 with Emerik Blum at the top of the company. Energoinvest has developed into a modern European company whose business is based on the system engineering model of the realized project "turnkey".

In 1958, Energoinvest was an export oriented company conducting business in markets in more than 20 countries from Mexico to Malaysia.[ citation needed ]

By 1987, Energoinvest was the largest exporter in the former Yugoslavia in reaching its business peak turnover of one billion dollars with 42,000 employees.[ citation needed ]

Energoinvest has tens of thousands of kilometers of transmission lines, thousands of substations, a number of hydro and thermal power plants, and process and industrial plants on all continents. [4]

See also

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References

  1. 1 2 3 4 5 "Odvojeni finansijski izvještaji za godinu koja je završila 31. decembra 2018. zajedno sa Izvještajem nezavisnog revizora" (PDF). energoinvest.ba (in Bosnian). Deloitte. 30 May 2019. Retrieved 15 September 2019.
  2. Huang, Daniel (June 25, 2014). "What Happens When the Vulture Funds Start Circling". The Wall Street Journal . Retrieved August 6, 2016.
  3. Raymond H. Anderson (Oct. 7, 1972) Yugoslav Enterprise Prospers. nytimes.com The New York Times. Retr. on Sept. 20 2017
  4. "Brief History of Energoinvest". Archived from the original on 2018-02-12. Retrieved 2014-01-11.

Further reading