Tag: TPP

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 […]

Negotiations over TPP Iernut’s gas unit completion continue – Romania, 10 May 2021

Romanian natural gas producer Romgaz has extended, by another two weeks, the suspension of the notice of termination of the contract concluded with a consortium of Spanish Duro Felguera and local Romelectro for the construction of a gas unit at thermal power plant Iernut, because changes were made a Full article available for subscribers of […]