Montenegro pays EUR 68.9 million to raise stake in power utility EPCG
The Montenegrin government has paid EUR 68.9 million to Italy’s A2A to increase its holding in power utility Elektroprivreda Crne Gore (EPCG) from 57.01% to 70.16%. With this move, Montenegro returned its ownership in the company to the level before partial privatization and recapitalization carried out in 2009. The number of shares acquired to boost […]
Study looks into Neretva, Trebišnjica river basins’ regional economic impact
The Neretva and Trebišnjica river basins are of critical economic significance for three economies and four political entities: Republika Srpska and Federation Bosnia and Herzegovina (both in Bosnia and Herzegovina), Croatia and Montenegro as tens of thousands of jobs – and hundreds of thousands of livelihoods – depend directly on water-based activities, such as hydropower, […]
PowerUp! competition of energy start-ups organized for first time in Serbia
In cooperation with Startit and the European company InnoEnergy, PowerUp! competition will be organised for the first time in Belgrade, Serbia, on the 22nd of May. The most successful Serbian start-ups in the field of energy will be presented at this event, while the best ones will have an opportunity to win an investment worth […]
Paper: Valuing biodiversity assets through ecotourism in SEE – trans-boundary region of Sharr/ Korab-Koritnik/ Mavrovo mountain areas
The working paper “Valuing biodiversity assets through ecotourism in South-East Europe – A review of the situation in and recommendations for the trans-boundary region of Sharr/ Korab-Koritnik/ Mavrovo mountain areas” is the product of a three-month assignment in the frame of Engagement Global Program within the GIZ Open Regional Fund Biodiversity Project (ORF-BD) and attached […]
Bringing support on energy issues closer to municipalities
The Swiss Agency for Development and Cooperation (SDC) and the State Secretariat for Economic Affairs (SECO), in close consultation with the Serbian Government and civil society partners, have recently launched the new Swiss Cooperation Strategy for Serbia for the period 2018-2021. In the energy sector, a shift towards stronger engagement with municipalities continues. In an […]
Croatia launches project to upgrade power grid
The Croatian Ministry of Environmental Protection and Energy published an advertisement for the direct allocation of a project to introduce advanced IT networks into the distribution system operator (DSO) HEP – ODS company which supplies power to the population and companies across the country. HEP – ODS is subsidiary of the power utility Hrvatska elektroprivreda […]
Public vote for EUSEW 2018 Citizens’ Award kicks off
12 finalists across 4 categories are in the competition for the EU Sustainable Energy Awards. The Awards are a major feature of the EU Sustainable Energy Week (EUSEW), organized annually by the European Commission (Directorate General for Energy and EASME). A high-level jury decides the winner in each of the categories – Consumers, Public Sector, […]
EPS invites tenders for construction of two small HPPs
Public power utility Elektroprivreda Srbije has invited tenders for the construction of two new small hydropower plants (HPP) Ćelije HPP, near the City of Kruševac, and Rovni HPP, near the City of Valjevo, on existing dams. The investment is part of the Programme for Reconstruction of Small Hydropower Plants for which EPS received a EUR […]


