Corporate-social responsibility

627850 €

Direct donations

41500 €

Sponsorships

584908 €

Infrastructure built

SOCIAL RESPONSIBILITY

Considering low employment possibilities on the locations of our plants, Hidroenergija Montenegro had started an employment program for local population in cooperation with a licenced company for the protection of objects. Aforementioned program indirectly employs 40 workers in security and maintenance of our plants, in addition to 9 members of our team. It is also worth mentioning that we hire only local workforce during the construction of our plants and we plan to consider this as rule on all of our future projects.

Aware of the fact that the future of Montenegrin economy is closely related with its infrastructure development, Hidroenergija Montenegro often participates in the improvement of working and living conditions with our donations, sponsorships and protocols with local authorities. So far, Hidroenergija Montenegro has realized 1,253,258.00 euros of direct donations, sponsorships and infrastructure projects on the territory of Berane and Andrijevica.

ECOLOGICAL RESPONSIBILITY

Following European standards applied through domestic legal regulation, we used ecological sustainability and biodiversity protection as the main criteria in conceptual design process for our future facilities.

Considering the mandatory biological minimum of water level on our intakes, Hidroenergija Montenegro has obtained water usage permissions for all of our active projects, all in accordance with conditions proscribed by Ministry of Agriculture.

Installation of the latest measuring equipment, that constantly registers water flow data on water intake locations, disables our facilities to function during water flows that do not fulfill

the proscribed water level necessary to provide the ecological minimum of water in the riverbed.

Previous practice has shown that Hidroenergija Montenegro, as an ecologically responsible investor, stops the operation of the facilities during a dry season and does not use the energy potential of the rivers in that period.

Obtaining of all the necessary approvals and opinions prior to the application for construction and usage permissions through respecting all of the complex procedures, Hidroenergija Montenegro has fulfilled all of the conditions necessary for sustainable function of our power generation facilities.

CORPORATE RESPONSIBILITY

Hidroenergija Montenegro, as an investor that gives priority to ecological sustainability and social responsibility, has gained a reputation of a responsible investor, aware of its own significance on the local and state level.

Through regular payments of liabilities towards local authorities based on taxes and fees calculated in municipality units, and good relations with local population, Hidroenergija Montenegro has gained a reputation of a responsible partner in the municipalities where our plants were built.

Aware of the importance of regular payments based on the concession fees and taxes that are calculated by the state authorities, Hidroenergija Montenegro represents a business entity that is responsible towards the Montenegrin community.

Expansion of our production capacities, and application for realization of future projects, will cause the increase of the revenues of Hidroenergija Montenegro  on the local and state level.