Tag: Other

Transformation process at Sisak refinery to start in H2 2019 – Croatia, 17 January 2019

The management of Croatian oil company INA met with the representatives of three unions of Sisak oil refinery to discuss the future of the plant. The management assured that there will be no collective lay-offs and talks on the level of severance pay will continue. Processing of crude oil at Sisa Full article available for […]

RES special account surplus exceeds expectations – Greece, 17 January 2019

The amount of funds collected at RES special account in 2018 has exceeded previous projections made by the renewable energy market operator. The forecast from October envisaged the RES special account surplus of 134 million euros for the end of 2018, following a deduction of 70 million euros as a Full article available for subscribers […]

Engie to acquire gas distributor Wirom – Romania, 17 January 2019

French company Engie will acquire full control of Bucharest-based gas distributor Wirom, which is currently majority owned by Russian Gazprom who holds 51.1 % stake, while the remining stake is held by Engie. In 2017, Wirom reported a turnover of some 12.4 million euros, the highest in the last t Full article available for subscribers […]