Tag: financial

HET’s loss surpassed 5 million euros in H1 2019 – Bosnia and Herzegovina, 22 August 2019

A profit of some 4.6 million euros recorded by “Hidroelektrane na Vrbasu” and “Hidroelektrane na Drini” in the first six months of 2019 was not enough to cover the loss of ERS’ third hydro-based subsidiary “Hidroelektrane na Trebisnjici” (HET) due to incident at Croatian HPP Dubrovnik. In the fir Full article available for subscribers of […]

Bulgartransgaz named first ranked bidder at compressor stations construction tender – Bulgaria, 22 August 2019

Bulgarian natural gas transmission system operator Bulgartransgaz said that the offer worth 179.5 million euros submitted by a consortium of German Ferrostaal and two local companies was ranked first at the tender for the construction of two gas compressor stations for the pipeline connecting Turkis Full article available for subscribers of Energy NEWS service (PDF […]

Makpetrol recorded lower profit in H1 2019 – Macedonia, 21 August 2019

North Macedonian fuel retail company Makpetrol posted a consolidated net profit in the amount of 3.9 million euros in the first half of 2019, which is 27 % lower compared the same period last year. The company’s operating revenues increased by 6 % to 167.5 million euros in the first six months of Full article […]