INA recorded 13.6 million euros net profit in 2016 – Croatia, 27 February 2017

Croatian oil and gas company INA recorded gross profit in the amount of 81.7 million euros in 2015 compared to a loss of 180.3 million euros in 2015. The company’s net sales revenues amounted to 209.9 million euros in 2016, which is 17 % less than in the previous year, while net profit in 2016 […]

TPP Gacko offline since Saturday – Bosnia and Herzegovina, 27 February 2017

Thermal power plant Gacko has been taken off the grid since Saturday, 25 February after 90 consecutive days of operation. Executive Director for Production of electricity and Development Borivoje Vujicic said that such long period of operation without any disruptions has not been recorded in the plant’s history so far, which contributed to increased electricity […]

835 GWh of electricity produced in FBiH in January – Bosnia and Herzegovina, 27 February 2017

Gross electricity production in the Federation of Bosnia and Herzegovina (FBiH) in January 2017 amounted to 835 GWh, which is 1.6 % more than in the same month 2016, when the production amounted to 822 GWh. Net electricity production amounted to 740 GWh, of which 188 GWh (25.4 %) was produced in hydropower plants, while […]