Tag: HEP

HEP takes over PPD’s gas supply and distribution business – Croatia, 17 March 2020

There has been another major takeover in Croatian gas market. Namely, after last year’s takeover of local gas distributor Plin Vtc, state-owned power utility HEP has now taken over gas supply and distribution segment of Prvo Plinarsko Drustvo (PPD). HEP’s gas subsidiary HEP Plin has signed contra Full article available for subscribers of Energy NEWS […]

HEP obtained Government approval for loan agreements with banks – Croatia, 13 March 2020

At this week’s session, the Croatian Government gave approval to state-owned power utility HEP to conclude framework financing agreements with five banks – Erste & Steiermarkische Bank, Hrvatska Postanska Banka, OTP Bank, Privredna Banka Zagreb and Raiffeisenbank Austria. The total amount of thes Full article available for subscribers of Energy NEWS service (PDF publications, energy […]

Croatian electricity sector increased profitability in past decade – Croatia, 12 March 2020

An analysis of the business in the electricity generation, transmission and distribution activities from 2008 to 2018 shows that the number of companies involved has increased significantly. While the number of companies increased from 89 to 709 at the end of 2018, the number of employees in 2018 ( Full article available for subscribers of […]