News

MVM launched the construction of solar power plant near Paks – Hungary, 29 March 2018

State-owned Hungarian Electricity Works (MVM) has laid the founding stone and launched the construction of one of the largest solar parks in the country, located just a few kilometers from nuclear power plant Paks. The power plant will have installed capacity of 20.6 MW and should be built and commissioned in six months. Project cost […]

ADMIE achieved 61.7 million euros net profit in 2017 – Greece, 29 March 2018

Greek electricity transmission system operator ADMIE has recorded a net profit in the amount of 61.7 million euros in 2017. The company’s earnings before interest, taxes, depreciation and amortization (EBITDA) reached 172 million euros in 2017, which is an increase of 13.1 % compared to the previous year. According to estimates, ADMIE’s net profit should […]

Another 600 million euros needed for the decommissioning of NPP Kozloduy 1-4 units – Bulgaria, 29 March 2018

Sergei Tsochev, member of the Board of Directors of the Bulgarian State Enterprise Radioactive Waste (SERAW) said that so far 590 million euros has been invested in the activities related to the decommissioning of the first four reactors of nuclear power plant Kozloduy, but additional 600 million euros is needed to complete the process by […]