Business stories can develop in unexpected, almost mysterious ways, I was reminded recently when the business desk at my host organization took a closer at soaring electricity prices in Serbia. Exploring the factors behind the price hikes showed that some of the long standing problems may not be so impossible to solve as people thought.
Serbia’s state-run power company Elektroprivreda Srbije, or EPS, has been a huge monopoly for decades, a remnant of the Communist era that has dodged several privatization attempts.