Ten South East European network operators to establish a Coordinated Auction Office Project Team Company

, News Serbia Energy

Ten South East European electricity network operators will establish the South East European Coordinated Auction Office (SEE CAO) Project Team Company in Becici on 13 June 2012. As part of the inaugurations ceremony, the TSOs of Albania, Croatia, Bosnia and Herzegovina, FYR of Macedonia, Greece, Montenegro, Romania, Slovenia Kosovo* and Turkey will sign the company agreement necessary for the registration as Limited Liability Company under Montenegrin company law.

In the course of the next 12 months, the Project Team Company will prepare the establishment of the SEE CAO company. With the future SEE CAO, the shareholders