EC approved MVM’s acquisition of Innogy’s Czech subsidiary – Hungary, 28 October 2020

The European Commission (EC) has approved the acquisition of 100 % capital of the Czech subsidiary of German energy company Innogy by state-owned Hungarian Electricity Works (MVM). The EC concluded […]

TPP Bobov Dol recorded lower losses in the first nine months of 2020 – Bulgaria, 29 October 2020

Bulgarian thermal power plant Bobov Dol recorded a non-consolidated net loss of 3.2 million euros in the first nine months of 2020, compared to a loss of 8.9 million euros […]

Cogeneration tax increases by 40 % as of 1 November – Romania, 28 October 2020

The tax for highly-efficient cogeneration has been increased, as a result of an order issued by the National Energy Regulatory Authority (ANRE), already published in the Official Gazette. The contribution […]