Serbian Power Company Becomes Largest Shareholder in Politika AD
Elektroprivreda Srbije (EPS), the Serbian state-owned power company, has become the largest shareholder in Politika AD. This significant shift occurred through the conversion of debt into equity. Following this conversion, EPS now holds a substantial 27.29 percent stake in Politika AD. The news was reported by Nedeljnik. Politika AD is a media company, and this move by EPS marks a notable development in the ownership structure of a prominent Serbian media entity.
The Serbian state's increased control over a media entity through its power company, EPS, raises questions about media independence and potential influence on public discourse. This consolidation of ownership by a state-controlled enterprise could impact editorial autonomy and the diversity of information presented to the public. Future developments will likely be shaped by governance structures within EPS and Politika AD, and the regulatory environment governing media ownership in Serbia, particularly in the context of evolving digital media landscapes and the potential for state actors to leverage economic power for informational influence.
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