Ministry of Energy and Mining: EPCG Solar construction to terminate contract with US blacklisted companies

"EPCG Solar gradnja as well as CEDIS did not inform the Ministry of Energy and Mining that these are companies associated with Milorad Dodik", the statement reads.

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Mujović, Photo: Boris Pejović
Mujović, Photo: Boris Pejović
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.

The Ministry of Energy and Mining sent a letter to EPCG Solar Construction to consider terminating the contract with the company, which is linked to the blacklist of the United States of America.

Radio Free Europe announced that Montenegrin state companies cooperate with companies from Bosnia and Herzegovina (BiH), which were sanctioned by the United States of America (USA) in June due to their connection with the family of the President of Bosnia and Herzegovina. entity Republika Srpska (RS) Milorad Dodik. Before the publication of the "black list" of the USA, contracts had been signed by at least two state companies in the field of energy - "EPCG Solar gradnja" and "Montenegro Elektrodistributivni sistem" (CEDIS).

"The Ministry of Energy and Mining has sent a letter to the competent departments to provide guidelines and opinions for handling such situations. Although the Ministry of Energy and Mining supports all moves by companies that lead to market operations, regional positioning and strengthening competitiveness, on the other hand, it will not support any move that calls into question our foreign policy priorities. In this regard, the Ministry has already sent a letter to EPCG Solar Construction to consider terminating the contract with the company linked to the above list in the light of these circumstances," it was announced from Ministry of Energy and Mining, headed by Saša Mujović.

It is added that the ministry, through state representatives in the Board of Directors, as well as at regular consultations held with energy entities, will ask them to act in accordance with these guidelines, so that such dilemmas and moves do not occur in the future.

"Majority state-owned companies operate in accordance with the Law on Business Companies, and for that reason the Ministry of Energy and Mining was not informed about this issue, but learned about it from the media. EPCG Solar gradnja and CEDIS did not inform the Ministry of Energy and Mining that on the contrary, we remind you that Solar gradnja, when signing the contract with the mentioned company, announced that the world-famous manufacturer SIEMENS recognized the possibilities of the Kaldera Company and signed an agreement with this company on licensed production for the entire product range primary and secondary medium voltage plants of type 8DJH, SIMOSEC and NXPLUS. SIEMENS' headquarters is in Germany," the Ministry of Energy and Mining said in a statement.

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