The government does not plan to sell the Electric Power Company of Montenegro (EPCG), said Minister of Energy and Mining Saša Mujović.
Commenting on former Prime Minister Dritan Abazović’s statement that the sale of EPCG is the plan of the current Prime Minister Milojko Spajić, he said that this is untrue.
Mujović, appearing as a guest on the show “At the End of the Day” on TV E, said that EPCG is a family treasure of Montenegro and that he would not be part of a government that would sell that treasure at the beginning of its mandate.
“The Prime Minister pointed out that EPCG, as a very powerful company – in terms of the possibility of making a profit, has a way to issue its bonds and thus obtain loans on the most favourable possible terms – which it will later use for some new investments. And that is something that I also support”, Mujović added.
He said that he would not consider the sale of part of the package tragic.
“The sale of EPCG, by no means, but – I am telling you this now not as a minister, but as someone who is a professor at the Faculty of Electrical Engineering, I would not be against it if some credible partner, some extremely good and respectable company engaged in the production of electricity, enter and get some 10-20 percent, let’s assume, of ownership – to enter the management structure of EPCG”, said Mujović.
