EP HZHB recorded 1.22 million euros net profit in 2016 – Bosnia and Herzegovina, 27 March 2017

According to the company’s financial report, Bosnian power utility EP HZHB recorded a net profit of 1.22 million euros in 2016. EP HZHB thus significantly improved its financial result in this year, after recoding a loss of 50.7 million euros in 2015. The company increased its operating revenues to 194.1 million euros in 2016 (180.3 […]

Chinese companies interested in TPP Kongora project – Bosnia and Herzegovina, 24 March 2017

Director of the Foreign Investment Promotion Agency (FIPA) of Bosnia and Herzegovina (BiH) Gordan Milinic said that despite the country’s political instability there are numerous foreign investors prepared to invest in BiH, especially in its energy sector. Milinic stressed that there is a lot of interest from several Chinese companies for the project of thermal […]

EP HZHB and USAID signed MoU on Mesihovina wind farm – Bosnia and Herzegovina, 19 January 2017

Bosnian power utility EP HZHB and USAID have signed a Memorandum of Understanding (MoU) in order to speed up the construction of Mesihovina wind farm, near Tomislavgrad. The statement from EP HZHB said that the MoU will enable the identification of legislative, regulatory and administrative obstacles that the investor is facing in the process of […]