CEZ to supply electricity to Romanian carmaker Dacia – Romania, 12 July 2016

Romanian subsidiary of Czech CEZ Group, CEZ Vanzare will supply electricity to local car manufacturer Dacia, which is part of Renault Group. CEZ Vanzare has won a 11 million euros worth contract on a public tender, according to which, the company will supply electricity to Dacia for one year, namely until the end of June […]

Construction of unit 2 at TPP Pljevlja to start in September – Montenegro, 12 July 2016

Montenegrin Deputy Prime Minister Vujica Lazovic said that the Government has approved the agreement with the Italian company A2A on the management of power utility EPCG. The new agreement provides several new articles, both the Government and A2A have waived their right for arbitration and A2A has an exit option, namely if the company does […]

Veolia Energy purchased biomass plant – Hungary, 12 July 2016

Hungarian energy company Veolia Energia Magyarorszag Zrt. Has purchased Bioenergia Muvek Energiatermelo Zrt. Which operates the fourth largest Hungarian biomass power plant in Szakoly. The acquisition has been approved by the Hungarian Competition Office (GVH). The statement from the company said that Veolia aims to make the plant sustainable in long-term, adding that by increasing […]