RES accounted for 70 % of national output on Friday - Romania, 21 April 2018  |  Pljevlja coalmine recorded 5.8 million euros profit in 2017 - Montenegro, 21 April 2018  |  Unit 5 at NPP Kozloduy taken offline for annual overhaul - Bulgaria, 21 April 2018  |  Half of Turkey’s energy produced from local resources - Turkey, 20 April 2018  |  Suez to start the construction of waste-to-energy facility in 2018 - Serbia, 20 April 2018  |  World Bank to support restructuring of EPS - Serbia, 20 April 2018  |  ANRE will recalculate electricity distribution tariffs - Romania, 20 April 2018  |  Competition Council did not open an investigation into green certificates market - Romania, 20 April 2018  |  Fondul Proprietatea sold its stake in Conpet - Romania, 20 April 2018  |  Wind farm Krnovo produced 16,108 MW of electricity in February - Montenegro, 20 April 2018  |  PPC union announced strikes, not electricity supply interruptions expected - Greece, 20 April 2018  |  Snam-led consortium selected as preferred DESFA investor - Greece, 20 April 2018  |  HEP plans investments in RES, hydropower and gas-fired cogeneration - Croatia, 20 April 2018  |  INA’s future CEO intends to close Sisak refinery - Croatia, 20 April 2018  |  Director of LNG Hrvatska dismissed - Croatia, 20 April 2018  |  NEK achieved positive financial results in 2017 - Bulgaria, 20 April 2018  |  Mini Maritsa East to invest 43.5 million euros in new excavators - Bulgaria, 20 April 2018  |  ERS Management Board resigned - Bosnia and Herzegovina, 20 April 2018  |  Romania and Bulgaria among least energy imports dependent countries in EU - Region, 20 April 2018  |  Fintel Energija submitted an application for listing on the Belgrade Stock Exchange - Serbia, 19 April 2018

HET recorded loss in 2017 – Bosnia and Herzegovina, 20 March 2018

A subsidiary of Bosnian power utility ERS, “Hidroelektrane na Trebisnjici” (HET), said that the company recorded a net loss in the amount of 12.5 million euros in 2017, compared to net profit of some 600,000 euros achieved in 2016.
The company’s operating revenues dropped by 51.1 % to 14 million euros in 2017, while operating costs amounted to 25 million euros. HET had a very poor year production wise, due to bad hydrological conditions throughout 2017.

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