Legal person “Renewable Energy Solutions BH” d.o.o., Banja Luka is interested to continue performing the international electricity trading activity, which is the reason why it filed with the State Electricity Regulatory Commission (SERC) the application for issuance of the license. The applicant is a holder of the temporary licence for performance of the international electricity trading activity which is valid until 15 September 2023.

The Company was founded by the Memorandum of Association on 27 January 2022 and registered in accordance with the Decision of the District Commercial Court in Banja Luka (MBS: 57-01-0048-22; MB: 11215947). The founders/members of the subject of registration are: STEMYANA LIMITED, Stasinou 44, Strovolos 2002, Nicosia CYPRUS with capital participation of 75% and Jovan Dević from Banja Luke with capital participation of 25%.

The license applicant is obligated to provide evidence of fulfilling all criteria and standards for the issuance of the license. The application has to verify technical, legal and financial capacities of the applicant to fulfil all the criteria, conditions and standards as prescribed by the Law on Transmission of Electric Power, Regulator and System Operator of Bosnia and Herzegovina and the Licensing Rule.

These criteria are conducive to the creation of conditions for unlimited and free trade and continued electricity supply in accordance with the defined quality standard to the benefit of BIH citizens, and the creation of the electricity market. SERC is free to include in the licence conditions requirements reflecting the relevant acquis of the European Union and contributing to the objectives of laws of Bosnia and Herzegovina as well as rules and regulations of the State Electricity Regulatory Commission.

The persons interested in acquiring intervener status may file a written request with SERC no later than 22 August 2023. The intervener status may be granted to a person who proves a direct interest in the procedure for issuance of the licence, which differs from the general public interest for issuance of the licence. The role and responsibilities of interveners in the procedure for issuance of licences are defined in Article 11 of the Licensing Rule.

By the same date the public may have access to individual documents of the application for information purposes at the SERC premises or submit written comments on the licence application at the address of the State Electricity Regulatory Commission (Tuzla, Đorđa Mihajlovića 4/II, fax 035/302-077, email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it ).

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