Tag: investment

CEZ Distribution Bulgaria to invest 3.6 million euros in Sofia – Bulgaria, 19 June 2020

Electricity distributor CEZ Distribution Bulgaria, a subsidiary of Czech energy company CEZ, said that i will invest some 3.6 million euros in upgrades and modernization of electricity network in the capital Sofia. The statement from the company said that despite the delays caused by the coronavi Full article available for subscribers of Energy NEWS service […]

EPS completed the reconstruction of Gornji Milanovac substation – Serbia, 17 June 2020

Serbian state-owned power utility EPS has commissioned the reconstructed and modernized 110/35 kV substation in Gornji Milanovac in central Serbia, a project in which the company invested 3.2 million euros. Acting Director of EPS Milorad Grcic reminded that the project for the substation’s modern Full article available for subscribers of Energy NEWS service (PDF publications, […]

Romgaz strategy aims at diversification – Romania, 15 June 2020

Deputy CEO of natural gas producer Romgaz Robert Chirca said that the company’s strategy aims at diversification, with an investment budget worth some 3.25 billion euros in the next seven years. Chirca said that ongoing coronavirus pandemic and mild winter made Romgaz work at 50-60 % capacity, wh Full article available for subscribers of Energy […]