MOL is open to selling stake in INA – Croatia, 30 October 2017

General Counsel of the Hungarian MOL Group Pal Kara said in an interview that the company is open to selling its stake in Croatian oil company INA, but until then it will continue to operate INA to the best of its knowledge. Kara reminded that MOL’s Board of Directors declared in 2013 that INA will […]

Production and delivery of energy products in August – Bulgaria, 30 October 2017

According to Bulgarian National Statistical Institute, production of electricity in August 2017 increased by 1.9 % compared to July, to 3,795 GWh, while deliveries of electricity rose by 0.7 % on monthly basis and amounted to 2,670 GWh. Production of natural gas in August 2017 remained the same as in the previous month and amounted […]

Partnership agreement on wind farm Siroka Draga signed – Bosnia and Herzegovina, 30 October 2017

Bosnian company IMRES Smart Greenergy and Turkish engineering company Enprode have signed a partnership agreement on the construction of 51 MW wind farm Siroka Draga as well as on the start of the development of the project for the construction of 1,120 MW reversible hydropower plant, which would be the largest of its kind in […]