Abstract
On the basis of the main aspects of modern economic development (globalisation, deregulation, exponential increase in technological changes), the article presents the position of HEP considering the local requirements for and joining the EU with regard to the directives on setting up common rules for the European electricity and gas market. The connection between the vision and the mission of the company and the strategy of development with the help of knowledge management is explained. Experience of European electric companies in knowledge management are presented and the necessity to build a single European system of information about energy research and technological development is commented on. The article also presents the basic aspects of HEP’s knowledge management strategy that is to enable its further transformation into a strong market-oriented company, promoting improvement and innovation in achieving the maximum quality on a profitable basis.
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