Tag: NEK

EPBiH recorded 33 % higher net profit in H1 2019 – Bosnia and Herzegovina, 02 August 2019

Bosnian power utility EPBiH said that it has recorded a net profit in the amount of some 19 million euros in the first half of 2019, which is 33 % higher compared to a net profit of 14.3 million euros recorded in the same period last year. The company’s operating revenues rose by 8.3 % […]

Head of NEK resigned – Bulgaria, 21 June 2019

Head of state-owned Bulgarian National Electricity Company (NEK) Petar Iliev officially resigned from the position on 19 June. According to his letter of resignation, he stepped down from the helm of NEK due to personal reasons. NEK recorded a net loss in the amount of 37.4 million euros in th Full article available for subscribers […]

EnC welcomes abolition of electricity export fee – Bulgaria, 10 May 2019

The Energy Community (EnC) Secretariat said in a statement that it welcomes the amendments to the Energy Law recently adopted by the Bulgarian Parliament which abolish the electricity export fee. The new regulation should come into force as of 1 July. According to EnC, export fee distorts trade b Full article available for subscribers of […]