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MET Group expands its presence in Bosnia and Herzegovina’s energy landscape

MET Group expands its presence in Bosnia and Herzegovina’s energy landscape

December 20, 2024
MET Energy BH has been successfully established and is fully licensed. MET Group’s new subsidiary is now fully operational in the Bosnia and Herzegovina energy market, marking a major expansion in the region and unlocking new development opportunities.

The new company, based in Banja Luka, will supply customers with electricity and natural gas, leveraging MET’s extensive experience to foster growth and enhance energy security in the region.

Ljubomir Nedeljković, CEO of MET Energy BH commented: “We look forward to bringing MET Group’s aggregated knowledge and experience to Bosnia and Herzegovina, supporting the development of the country’s energy outlook. MET Energy BH will increase our regional presence, knowledge and strengthen market integration.”

The establishment of MET Energy BH is in line with our ambitions to focus on emerging natural gas and electricity markets in Southeastern European non-EU countries. The subsidiary will offer innovative energy solutions and support cross-border transactions, tailored to meet local needs and enhance regional connectivity.

Attila Szaniszló, PCO of MET GEM emphasized the importance of this development. “This is a crucial step in our strategy to increase MET’s presence in new emerging markets. We aim to support security of supply whilst also introducing new and innovative products and approaches.”

MET Energy BH is set to become a key player in the region, contributing to Bosnia and Herzegovina’s energy stability and growth. The subsidiary’s activities will be instrumental in integrating the local energy market into the broader European systems, ensuring a more secure and resilient energy future for the country.