 HEP d.d.
Hrvatska elektroprivreda d.d. (HEP d.d.) is the parent company of HEP Group with the same capital stock as before HEP Group was founded.
HEP d.d. is the founder and the sole owner of the newly established companies, consolidates the management of the subsidiary companies of HEP Group and retains ownership of assets which are contractually transferred to the subsidiaries or daughter-companies for management.
Since January 1, 2009, a new corporate governance model has been applied. In accordance with amendments to the HEP d.d. Rules on Organization and Job Classification, as from June 1, 2010, HEP d.d. manages and partly performs the following corporate functions:
- strategy, investment planning and corporate development
- international affairs and restructuring
- improvement in production businesses and quality
- improvement in transmission and distribution businesses and quality
- sustainable development and quality improvement
- marketing and corporate communications
- procurement
- corporate finance and treasury
- accounting
- controlling
- human resources management
- legal affairs
- information technology and telecommunications
- internal audit
- defense and safety
- risk management
- general affairs
HEP d.d., besides through corporate functions, directs, coordinates and monitors production and network as well as other businesses of subsidiaries in order to harmonize the main business activities of production subsidiaries and/or to optimize production processes.
Every member of the Management Board is an executive in charge of a corporate function.
The main internal organization of HEP d.d. is based on corporate governance approach and on the powers the Company has over individual business activities.
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