Electricity price hikes not expected in 2021 – Macedonia, 29 May 2021

North Macedonian Prime Minister Zoran Zaev said that the increase in price of electricity for residential consumers is not expected in 2021. PM Zaev said that the Government has the appropriate policies to cover the gap between the price of electricity that is being supplied to residential consu Full article available for subscribers of Energy […]

OKTA approved lower dividend for 2020 – Macedonia, 28 May 2021

Shareholders of North Macedonian oil refinery OKTA, owned by Greek Hellenic Petroleum, approved the distribution of a gross dividend in the amount of 1.2 euros/share. OKTA will distribute a total of around 1 million euros of its last year’s profit as dividend for 2020. The company distributed div Full article available for subscribers of Energy […]

PPC recorded 15 % lower EBITDA in Q1 2021 – Greece, 28 May 2021

Recurring EBITDA of Greek state-controlled Public Power Corporation (PPC) amounted to 225.6 million euros in the first quarter of 2021, compared to 182 million euros in Q1 2020, with the corresponding margin increasing to 29.3 % from 14.9 %. This increase was mainly driven by the reduction in the Full article available for subscribers of […]