Tag: restructuring

New management satisfied with PPC’s half-year results – Greece, 26 September 2019

Public Power Corporation (PPC) appears to have escaped the risk of financial collapse for now, as PPC’s first-half results and the certified accountants’ report showed a considerable improvement. However, the bigger picture is still reflected in the figures, which means that structural measures a Full article available for subscribers of Energy NEWS service (PDF publications, […]

Ministry plans to make PPC more attractive to investors – Greece, 31 August 2019

Greek Minister of Energy Kostis Hatzidakis said that new legislation which should be adopted this autumn will free Public Power Corporation (PPC) from the obligations and restrictions that apply to state utilities so that the state-controlled company can operate as a listed company and expose itself Full article available for subscribers of Energy NEWS service […]

EPS needs urgent reforms to increase electricity production – Serbia, 10 July 2019

Serbian Fiscal Council said that state-owned power utility EPS needs to perform long-delayed reforms to aimed at reducing distribution losses and reducing contributions to the state budget in order to increase its production capacities and introduce environmental standards. Increasing the price of e Full article available for subscribers of Energy NEWS service (PDF publications, energy […]