Tag: electricity distribution

Electrica recorded significantly lower profit in H1 2019 – Romania, 16 August 2019

Romanian electricity distributor and supplier Electrica recorded a consolidated net profit in the amount of 23 million euros in the first half of 2019, which is 48 % lower compared to the same period last year. The profit drop was recorded despite the revenues increase of 17 % year-on-year, w Full article available for subscribers […]

Fintel Energija’s net profit halved – Albania, 16 August 2019

Albanian state-owned electricity distribution system operator OSHEE said that it has reduced network losses to 23.9 % from 26.25 % recorded at the end of March this year. The statement from the company said that it has collected around 282 million euros from electricity bills in the first six Full article available for subscribers of […]

KEDS to invest 4 million euros in Ferizaj region – Kosovo, 05 August 2019

Kosovo’s electricity distribution system operator KEDS said that it will soon start the implementation of 14 energy infrastructure projects in the municipality of Ferizaj, worth about 4 million euros. According to the investment plan, new underground transmission lines will be built within the ci Full article available for subscribers of Energy NEWS service (PDF publications, […]