Tag: electricity distribution

Montenegro, 15.11. CEDIS to apply for EBRD loan

Montenegrin electricity distribution system (CEDIS) is considering to apply for a loan from the European Bank for Reconstruction and Development (EBRD), which will be used for the completion of the modernization of the distribution network in order to transit towards a fully functioning smart grid system. The investments in this project include: modernization and/or replacement […]

Enel’s profit dropped by 5 % – Romania, 11 November 2016

Electricity distributor Enel Romania recorded earnings before interest, taxes, depreciation and amortization (EBITDA) in the amount of 266 million euros in the first nine months of 2016, which is 5.3 % less than in the same period last year (281 million euros). In the first nine months of the year, Enel Romania recorded profits from […]

HEP established a company for electricity supply – HEP Elektra – Croatia, 11 November 2016

The establishment of HEP Elektra on 2 November 2016 meets the obligations set under the amendments on the Electricity Market Act regarding the separation of the network and supply business activities which had been carried out by the distribution system operator HEP ODS. In terms of supply, HEP Elektra is a legal successor of HEP […]