Introduction

Ever since the incorporation of the parent company in 2004, the GEN-I Group has been ranked among the most innovative and rapidly growing market players on the European electricity market. The Group's mission, vision and values are founded on partnerships with trading companies, suppliers and customers on the one hand, and banks, energy exchanges, clearing houses and system operators on the other, with employees always at the heart of everything that we do. Innovation and flexibility are the Group's tools for ensuring the satisfaction of all its stakeholders.

GEN-I's operations are based on the principles set out in the memorandum of association, which was drafted in 2006 by shareholders Istrabenz-Gorenje, d.o.o. (renamed IG energetski sistemi, d.o.o. in 2011 following changes in its ownership structure) and GEN energija, d.o.o. Both shareholders have equal 50% stakes in the company.

The company's governance is based on an effective combination of the management, governance and control functions. The Group's success is apparent in all of its previous profit and loss statements, which are summed up in individual annual reports.