Tag: electricity transmission

CGES recorded lower profit in 2018 – Montenegro, 29 May 2019

Montenegrin electricity transmission system operator CGES recorded a net profit of 4.18 million euros in 2018, which is 10.9 % lower compared to the previous year when it amounted to 4.69 million euros. Operating revenues of the company at the end of December 2018 reached 33.75 million euros and Full article available for subscribers of […]

MAVIR recorded 94 million euros EBITDA in 2018 – Hungary, 23 May 2019

Hungarian electricity transmission operator MAVIR, operating within state-owned MVM, recorded revenues of some 712 million euros in 2018, which is 170 million euros more than in the previous year, while its earnings before interest, taxes, depreciation and amortization (EBITDA) reached 94 million eu Full article available for subscribers of Energy NEWS service (PDF publications, energy […]

Transelectrica recorded significantly lower profit in Q1 2019 – Romania, 17 May 2019

Romanian electricity transmission system operator Transelectrica recorded a net profit in the amount of 8 million euros in the first quarter of 2019, which is 44 % lower compared to the same period last year. The company recorded a decrease in revenues by 7.5 million euros in the first three mont Full article available for […]