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Enel Trade Serbia doo

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Enel Trade Serbia doo is the Serbian energy trading and supply subsidiary of Italy's Enel Group, serving the Serbian market with electricity and related energy services.

Last updated September 26, 2026

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Overview

Enel Trade Serbia doo is a Serbian-registered company that operates as part of the Enel Group, the Italian multinational energy company founded in 1962 as Ente Nazionale per l'Energia Elettrica. The entity functions as Enel's local trading and supply arm in Serbia, buying, selling and supplying electricity and related energy products to business customers and other market participants in the Serbian power market. It is a subsidiary within Enel's broader integrated value chain, which spans power generation, electricity distribution and integrated energy products and services. Enel describes itself as the world's leading private operator in renewable energy and electricity distribution, with total group capacity of 92.1 GW, 1.9 million kilometres of distribution grid and 54.0 million customers worldwide. The group operates across Europe, Latin America, North America, Africa, Asia and Oceania, and has set a goal of achieving net zero emissions by 2040 through complete decarbonisation of its energy mix. Enel Trade Serbia doo sits within this global structure, applying the group's trading and supply capabilities to the Serbian market. Serbia is a non-EU energy market in Southeast Europe with its own regulatory framework and a liberalised electricity supply segment for commercial and industrial customers. Enel Trade Serbia doo participates in this segment, leveraging the Enel Group's scale, risk-management expertise and access to cross-border electricity flows. The company is registered in Serbia and is part of Enel's regional presence in Central and Eastern Europe. As a subsidiary, Enel Trade Serbia doo does not have its own stock listing; its ultimate parent, Enel S.p.A., is listed on the Borsa Italiana and the New York Stock Exchange. The Serbian entity's operations are aligned with Enel's group strategy of driving electrification, expanding renewable generation and offering integrated energy solutions to households, businesses and public administration bodies.

History

Enel Trade Serbia doo exists as part of the Enel Group, whose history began in Italy in 1962. In that year, the Italian Parliament passed legislation creating Ente Nazionale per l'Energia Elettrica (Enel), uniting almost all electricity generation, transmission and distribution activities in the country into a single entity. The new national body was tasked with bringing electricity service to the entire nation, supporting economic growth and bridging gaps between north and south and between urban and rural areas. Enel doubled generation capacity in less than a decade and focused heavily on grid innovation, using early computerisation and automatic planning to expand the high-voltage grid. It built the first bridge between the transmission systems of central and northern Italy and southern Italy and, through underwater cables, connected the mainland grid to the islands. By the early 1970s, 99% of the country had access to electricity. The energy crisis of the 1970s pushed Enel to explore alternative energy sources, both nuclear and renewable, and the company became an early pioneer of renewable energy. Over subsequent decades, Enel transformed from a national monopoly into a multinational energy group, expanding into 27 countries and building businesses in power generation, distribution and integrated energy products and services. Today Enel describes itself as the world's leading private operator in renewable energy and electricity distribution, with 92.1 GW of total capacity, 1.9 million kilometres of distribution grid and 54.0 million customers worldwide. The group has committed to achieving net zero emissions by 2040. Enel Trade Serbia doo is a later addition to this global structure, established as the group's trading and supply vehicle in Serbia. Serbia, a non-EU market in Southeast Europe, opened its electricity supply segment to competition, allowing companies such as Enel Trade Serbia doo to serve commercial and industrial customers. The entity operates within Enel's integrated value chain, applying the group's trading expertise, risk management and cross-border electricity access to the Serbian market. As a subsidiary, it does not have its own public listing; its parent, Enel S.p.A., is listed on the Borsa Italiana and the New York Stock Exchange. The company remains active in the Serbian energy market, aligned with Enel's strategy of driving electrification and the energy transition.

  • 1970

    By the early 1970s, 99% of Italy has access to electricity.

  • 1962

    Enel founded in Italy as Ente Nazionale per l'Energia Elettrica following Italian Parliament legislation.

  • Enel doubles generation capacity in less than a decade and expands the high-voltage grid.

  • Enel becomes an early pioneer of renewable energy amid the 1970s energy crisis.

  • Enel Group grows into a multinational present in 27 countries, with 92.1 GW capacity and 54.0 million customers.

Products and positioning

Local energy trading and supply subsidiary of the Enel Group in Serbia, leveraging the group's global scale and integrated value chain.

  • Electricity trading

  • Electricity supply

  • Energy services for business customers

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