Tag: Other

KESH recorded 27 million euros in revenues from electricity sales in 2021 – Albania, 12 May 2021

Albanian state-owned Power Corporation KESH organized several dozen tenders for the sale of electricity in the first four months of this year, generating revenue of about 27 million euros. These are tenders with short delivery periods, ranging from two to seven days. A total of 662 GWh was sold Full article available for subscribers of […]

RiTE Gacko recorded lower profit in Q1 2021 – Bosnia and Herzegovina, 13 May 2021

Coalmine and thermal power plant (RiTE) Gacko, operated by power utility ERS, recorded a net profit in the amount of some 125,000 euros in the first quarter of 2021, significantly lower compared to profit of almost one million euros in the same period last year. The company’s revenues increased b Full article available for subscribers […]

RiTE Ugljevik failed to obtain 2.3 million euros loan – Bosnia and Herzegovina, 13 May 2021

The management of coalmine and thermal power plant (RiTE) Ugljevik, operated by power utility ERS, failed to find banks that will fully lend them 2.3 million euros in order to maintain liquidity. In early April, the company launched a tender for obtaining a loan worth 2.3 million euros from comm Full article available for subscribers […]