Lukoil and SOCAR plan to jointly invest in Turkey - Turkey, 15 August 2017  |  Electrica recorded lower profit in H1 2017 - Romania, 15 August 2017  |  Rompetrol Rafinare reported a loss of 7 million dollars in H1 2017 - Romania, 15 August 2017  |  HEP to cooperate with EDF on smart meters installation - Croatia, 15 August 2017  |  Bulgarian Stock Exchange to acquire IBEX for 2.7 million euros - Bulgaria, 15 August 2017  |  Government’s priorities in energy sector presented - Bulgaria, 15 August 2017  |  Tender for NPP Belene project privatization in early 2018 - Bulgaria, 15 August 2017  |  Gazprom expects no changes in key energy projects due to new US sanctions - Region, 15 August 2017  |  Biomass power plant to be built in Veliko Gradiste - Serbia, 14 August 2017  |  Oil production fell by 4.6 % in the first half of 2017 - Romania, 14 August 2017  |  Fondul Proprietatea to sell its stakes in Engie and Enel - Romania, 14 August 2017  |  Transgaz recorded increased profit in H1 2017 - Romania, 14 August 2017  |  ESO launched tender for 400 kV Burgas transmission line - Bulgaria, 14 August 2017  |  Strabag offering settlement for HPP Vranduk - Bosnia and Herzegovina, 12 August 2017  |  Turkey to upgrade old coal-fired power plants by 2019 - Turkey, 11 August 2017  |  Serbian households have the cheapest electricity in Europe - Serbia, 11 August 2017  |  Nuclearelectrica’s net profit significantly increased in H1 2017 - Romania, 11 August 2017  |  Romgaz recorded 190 million euros net profit in H1 2017 - Romania, 11 August 2017  |  Over 21.5 million euros collected from trading greenhouse gas emissions certificates in July - Romania, 11 August 2017  |  Electricity consumption decreased by 1.5 % in the first half of 2017 - Romania, 11 August 2017

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 […]