Many a time was the company transformed, nevertheless constantly fulfilling its main task of ensuring safe operation and development of the Electric Transmission System of Montenegro. Subsequently, complying with the requirements for electricity market liberalization and EU regulations on division between market and monopoly activities and taking into account a need for improving economic efficiency, the Shareholders’ Assembly of EPCG made the Decision on Establishment of a New Joint Stock Company ‘Prenos’ in March 2009.

J.S.C. ‘Prenos’ ensured fulfillment of its main task, which is implementation of electricity transmission to such an extent as to ensure safe supply of the Montenegrin customers. After putting the transformer station in Nikšić into operation up to these days, the Electric Transmission System of Montenegro has developed in a modern system firmly connected with neighboring systems. Three hundred and twenty five employees take care of its operation, maintenance, and development.

Pursuant to the Decision made by the Shareholders’ Assembly, the company changed its name into ‘Crnogorski elektroprenosni sistem’ - CGES AD (Montenegrin Electric Transmission System J.S.C.). 

In the next five-year period, CGES AD will pursue a comprehensively challenging investment plan. Implementation of the planned investments in the Electric Transmission System of Montenegro throughout the whole country and a link with Italy, which is one of the biggest projects in the company’s history together with a link to Serbia, will not only enable consolidation of the Transmission System of Montenegro in such a way as to improve its operational reliability and create conditions for the development of future generation within Montenegro eliminating possible bottlenecks in the development of the coastal areas, but will also enable Montenegro to become a significant power node in the region, firmly integrated in the future regional electricity market.