Ten SEE TSOs establish a CAO Office Project Team Company

Bečići, Montenegro, 13 June 2012 

In the presence of Mr. Vladimir Kavaric, Minister of Economy of Montenegro, and Mr. Alberto Cammarata, Acting Head of EU Delegation to Montenegro, ten South East European electricity network operators established today the South East European Coordinated Auction Office (SEE CAO) Project Team Company. Ten TSOs: ADMIE, CGES, ELES, HEP OPS, KOSTT, MEPSO, NOS-BiH, OST, TEIAS and Traneslectrica  signed the company agreement necessary for the registration as Limited Liability Company under Montenegrin company law. By the end of 2013, Project Team Company will prepare the establishment of the SEE CAO company.


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