STAR refinery to be commissioned in October - Turkey, 21 May 2018  |  Government to speed up construction of gas link to Bulgaria - Serbia, 21 May 2018  |  Hidroelectrica’s 2017 net profit increased by 11 % - Romania, 21 May 2018  |  Gas imports increased by 14.2 % in Q1 2018 - Romania, 21 May 2018  |  EPCG and Ivicom signed MoU on the construction of Gvozd wind farm - Montenegro, 21 May 2018  |  Pljevlja coalmine recorded lower profit in Q1 2018 - Montenegro, 21 May 2018  |  Alteo Group recorded higher revenues in Q1 2018 - Hungary, 21 May 2018  |  HEP plans to invest 500 million euros in HPP Kosinj-Senj project - Croatia, 21 May 2018  |  ICGB launched tender for archeological study along IGB pipeline route - Region, 21 May 2018  |  Government plans to lower fuel tax - Turkey, 18 May 2018  |  Petrol’s net profit increased in Q1 2018 - Slovenia, 18 May 2018  |  Fintel Energija to invest 300 million euros in the next five years - Serbia, 18 May 2018  |  Srbijagas to build two new gas storages in the next five years - Serbia, 18 May 2018  |  Corina Popescu to be named General Manager of Electrica Muntenia Nord - Romania, 19 May 2018  |  Ministry still pushing for the distribution of 90 % of Transgaz’ profit as dividends - Romania, 18 May 2018  |  Bucharest City Hall to merge RADET and ELCEN under single company - Romania, 18 May 2018  |  11 companies expressed interest in leasing Trans-Balkan gas pipeline capacity - Romania, 18 May 2018  |  Hidroelectrica to distribute 90 % of last year’s profit as dividends - Romania, 18 May 2018  |  Supplier surcharge to be reduced by 50 % by 2020 - Greece, 18 May 2018  |  First round of ELPE privatization tender to attract 5-6 major companies - Greece, 18 May 2018

News

All permits for NPP Akkuyu to be obtained by October – Turkey, 27 April 2017

Russian State Atomic Energy Corporation – Rosatom, which is in charge of the construction of Turkey’s first nuclear power plant Akkuyu, announced that all permits for the plant will be ready by October this year. Atomstroyexport, a subsidiary of Rosatom, has held a tender for the development of technical requirements to prepare the ground with […]

EBRD invested 800 million euros in green projects in the past ten years – Serbia, 27 April 2017

Director of the European Bank for Reconstruction and Development (EBRD) for Serbia Daniel Berg and climate finance associate Ana Bachurova said that the Bank has invested about 800 million euros in environmentally-friendly projects in Serbia in the 2006-2016 period. They stressed that in 2016 alone, investments in green projects accounted for 39 % of EBRD’s […]

MVM recorded 155.4 million euros net profit in 2016 – Hungary, 27 April 2017

A state-owned energy company Hungarian Electricity Works (MVM) recorded a consolidated net profit in the amount of 155.4 million euros in 2016. The company’s revenues reached 3.3 billion euros in the previous year, while its earnings before interest, taxes, depreciation and amortization (EBITDA) reached 355.6 million euros. In 2016, MVM paid over 417 million euros […]