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Annual report - HSE

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<strong>HSE</strong> Adria d.o.o.<br />

<strong>HSE</strong> Adria d.o.o.<br />

Managing Directors<br />

Main activity<br />

Tomaž Štokelj, Ph.D.<br />

Irena Stare<br />

Electricity trading<br />

The Zagreb-based company was founded with the purpose to establish connections<br />

with the Central and Eastern Europe markets. The company is engaged in cross-border<br />

electricity trade, electricity sales and purchase contracts, and technical consulting.<br />

<strong>HSE</strong> Bulgaria EOOD<br />

<strong>HSE</strong> Bulgaria EOOD<br />

Managing Directors<br />

Main activity<br />

Drago Skornšek<br />

Irena Šlemic<br />

Electricity trading<br />

The <strong>HSE</strong> Bulgaria subsidiary was established in 2007 with the aim of expanding electricity<br />

trading to SE European markets. Due to changes in legislation, at the end of 2012, <strong>HSE</strong><br />

started the procedures for acquisition of trading licence for Bulgaria. At the beginning of<br />

2013, <strong>HSE</strong> launched the activities for voluntary liquidation of <strong>HSE</strong> Bulgaria.<br />

<strong>HSE</strong> MAK Energy DOOEL<br />

<strong>HSE</strong> MAK Energy DOOEL<br />

Managing Directors<br />

Main activity<br />

Tomaž Štokelj, Ph.D.<br />

Drago Skornšek<br />

Electricity trading<br />

In May 2009, the company <strong>HSE</strong> MAK Energy DOOEL was established in Macedonia<br />

for the purposes of entering the Macedonian electricity market and increasing trading<br />

opportunities in the area from the Balkans to Greece.<br />

<strong>HSE</strong> BH d.o.o.<br />

<strong>HSE</strong> BH d.o.o.<br />

Managing Director<br />

Main activity<br />

Zlatko Sahadžić<br />

Electricity trading<br />

<strong>Annual</strong> Report <strong>HSE</strong> 2012<br />

2 Business Report<br />

44<br />

In June 2010, <strong>HSE</strong> BH was established in Sarajevo, Bosnia and Herzegovina, with the<br />

purpose of electricity trading in the country, since the Bosnian legislation requires a legal<br />

entity to be registered in Bosnia and Herzegovina in order to obtain licences for electricity<br />

trading in and outside the country.

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