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Hrvatska elektroprivreda

Croatia's state-owned electricity and energy group.

Last updated August 25, 2026

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Overview

Hrvatska elektroprivreda, commonly known as HEP, is Croatia's state-owned energy group and the country's principal electricity utility. Its activities cover much of the electricity value chain, including generation, transmission-system operation, distribution-system operation, and electricity supply. The group also has businesses in district heating, gas distribution, energy-efficiency services, renewable energy, environmental services, education, and recreation. HEP traces its institutional heritage to 1895, when the Jaruga Hydroelectric Power Plant began operating in Croatia. The company presents this facility as a landmark in the early development of alternating-current electricity distribution and links its origin to the wider history of European electrification. The modern corporate organization, however, is distinct from that nineteenth-century beginning: HEP d.d. functions as the holding company for a group of specialized subsidiaries and operating entities. Generation is principally conducted through HEP Proizvodnja d.o.o., which manages the majority of HEP's generation facilities. Thermal generation at the Plomin power plant is operated through TE Plomin d.o.o., a company co-owned by HEP and RWE Power. HEP also owns half of the Krško Nuclear Power Plant in Slovenia, giving the group an important cross-border asset and a role in the electricity systems of both Croatia and Slovenia. HEP's transmission and distribution responsibilities are separated institutionally. HEP Operator prijenosnog sustava d.o.o., usually abbreviated HEP OPS, provides electricity-transmission services, while HEP Operator distribucijskog sustava d.o.o., or HEP ODS, operates the distribution network and performs public-service functions for the Croatian electricity market. HEP ODS also supplies customers served under tariff arrangements. Eligible industrial and business customers are supplied through HEP Opskrba d.o.o. Beyond electricity, HEP Toplinarstvo d.o.o. provides district-heating services, while HEP Plin d.o.o. is active in gas distribution. HEP ESCO d.o.o. focuses on energy-efficiency projects and services, and HEP Obnovljivi izvori energije d.o.o. develops or manages activities connected with renewable energy sources. APO d.o.o. addresses environmental protection, particularly waste-management activities. The group also maintains an education and training function through the HEP Nastavno-obrazovni centar and a recreation-related entity, HEP Odmor i rekreacija d.o.o. HEP therefore combines the functions of a national utility, infrastructure operator, energy supplier, and diversified public-sector energy group. Its structure reflects the separation of regulated network activities from generation and competitive supply, while its ownership keeps the group strategically connected to Croatia's public energy policy. The available reference material does not establish a separate current corporate strategy, financial profile, executive roster, or recent campaign and controversy record.

History

HEP's history is associated with the development of electricity infrastructure in Croatia. The group identifies 1895 as its historical starting point, when the Jaruga Hydroelectric Power Plant was built and entered service. Jaruga is presented as an early alternating-current power facility and as part of the formative period of European electricity distribution. This historical claim gives HEP a much older heritage than the current holding-company structure, which was formed later as Croatia's electricity sector was organized under a modern state-owned corporate framework. The contemporary HEP Group is organized around HEP d.d., the parent holding company responsible for corporate management. Operational responsibilities are distributed among subsidiary companies rather than concentrated in one operating entity. This arrangement separates generation, transmission, distribution, retail supply, and ancillary energy businesses while retaining them within a single state-owned group. Most generating facilities are managed by HEP Proizvodnja d.o.o. The group also participates in thermal generation through TE Plomin d.o.o., which operates the Plomin thermal power plant and is jointly owned by HEP and RWE Power. HEP's generation portfolio extends beyond Croatia through its 50 percent ownership of the Krško Nuclear Power Plant in Slovenia. Krško is therefore a notable part of the group's regional electricity position, although the reference material does not provide production volumes, ownership dates, or operating statistics. Network operations are assigned to separate public-service companies. HEP Operator prijenosnog sustava d.o.o. operates the Croatian electricity-transmission system, while HEP Operator distribucijskog sustava d.o.o. operates the distribution network. HEP ODS also supplies tariff customers, whereas HEP Opskrba d.o.o. serves eligible customers such as industrial and business users. The separation reflects the distinction between regulated network functions and customer supply in the electricity market. Over time, HEP's business scope expanded beyond electricity. HEP Toplinarstvo d.o.o. provides district heating, and HEP Plin d.o.o. operates in gas distribution. HEP ESCO d.o.o. supports energy-efficiency activities, while HEP Obnovljivi izvori energije d.o.o. is dedicated to renewable-energy sources. Environmental work, particularly waste management, is associated with APO d.o.o. The group also maintains institutional capabilities for training and education through the HEP Nastavno-obrazovni centar and a recreation and leisure entity known as HEP Odmor i rekreacija d.o.o. The resulting organization is a diversified national energy group whose historic identity is rooted in electricity generation and distribution but whose modern scope includes network management, competitive supply, heating, gas, renewables, efficiency, and environmental services. The supplied reference material does not document specific privatizations, major reorganizations, leadership changes, financial results, campaigns, scandals, or recent strategic decisions. Those areas are consequently left unpopulated rather than inferred.

  • 1990

    Modern HEP corporate entity established

    [1]

    The existing dossier identifies 1990 as the founding year of the modern Hrvatska elektroprivreda organization, distinct from the group's nineteenth-century historical roots.

  • 1895

    Jaruga Hydroelectric Power Plant begins operation

    [1]

    The Jaruga Hydroelectric Power Plant is established in Croatia and becomes the historical foundation claimed by HEP for its electricity-generation and distribution heritage.

Products and positioning

Croatia's vertically organized, state-owned national energy group, combining electricity infrastructure and supply with selected heating, gas, renewable-energy, and energy-efficiency activities.

  • Power generation

    Electricity generation

    HEP generates electricity through a portfolio managed mainly by HEP Proizvodnja d.o.o. The group also participates in thermal generation through TE Plomin d.o.o. and holds a 50 percent interest in Slovenia's Krško Nuclear Power Plant. The available source material does not specify the full generation mix, plant list, capacity, or output.

  • Electricity network services

    Electricity transmission

    HEP Operator prijenosnog sustava d.o.o. provides electricity-transmission services for participants in the Croatian electricity market. It is a distinct HEP Group entity responsible for the transmission-system function rather than retail customer supply.

  • Electricity network services

    Electricity distribution and tariff supply

    HEP Operator distribucijskog sustava d.o.o. operates the electricity-distribution network and provides public-service distribution functions. It also supplies customers served under tariff arrangements, linking network operation with regulated customer service.

  • Energy retail

    Competitive electricity supply

    HEP Opskrba d.o.o. supplies eligible customers, including industrial and business users, within the Croatian electricity market. The reference material distinguishes this activity from HEP ODS's tariff-customer supply role.

  • District energy

    District heating

    HEP Toplinarstvo d.o.o. operates the group's district-heating business. The supplied material identifies heat supply as one of HEP's activities but does not provide details on service territories, technologies, customer numbers, or product plans.

  • Gas utilities

    Gas distribution

    HEP Plin d.o.o. is the HEP Group company associated with gas distribution. No further operating scope or market-share information is established by the supplied reference material.

  • Energy services

    Energy-efficiency services

    HEP ESCO d.o.o. conducts energy-efficiency activities and services. Its inclusion broadens HEP's role from conventional utility operations into projects intended to improve energy use and efficiency.

  • Renewable energy

    Renewable-energy activities

    HEP Obnovljivi izvori energije d.o.o. is the group entity focused on renewable energy sources. The source material does not identify individual projects, technologies, commissioning dates, or installed capacity.

Sources2 sources

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