Slovenian energy trader GEN-I recorded a net profit in the amount of 15.3 million euros in 2017, which is an increase of 84.1 % compared to the previous year. The company’s revenues rose by 49.8 % to 2.37 billion euros, while its 2017 EBITDA grew by 77.5 % to reach 21.7 million euros. The statement […]
Croatian largest telecommunications company Hrvatski Telekom (HT) said that it has signed an agreement to sell its electricity supply business to local subsidiary of German energy company RWE. The statement from the company said that financial details regarding the transaction would be disclosed upon its completion following the approval of competent authorities. The transaction will […]
According to Montenegrin Regulatory Agency for Energy (RAE), state-owned power utility EPCG, unlike other electricity suppliers, has been positioned close to its customer base for years already, which could prove as an advantage in early market liberalization stages. RAE representatives reminded that electricity market in Montenegro has been liberalized as of 1 January 2009 for […]