State property chief announces IPO for 25% stake in HEP

The Government of Croatia plans to organize an initial public offering (IPO) for a 25% stake in national grid operator HEP, a state official told Bloomberg News. The state plans to get HRK 2 billion (EUR 260 million) to HRK 3 billion, stated Mladen Pejnović, head of state assets management bureau Duudi, and added the […]

Campania’s firms at EnergyMed eye Albania investment

EnergyMed fair in Naples hosted dozens of operators from Mediterranean countries and China to help the introduction of Italian technology overseas. “We have worked on relations with several firms from Campania,” Erlet Shaqe, president of the Albanian energy association, told ANSAmed.info. The most interesting projects that could be developed include the system of conversion of […]

Transco’s Q1 contracts worth EUR 15.34 million

Power transmission company Transco (Elektroprijenos-Elektroprenos Bosne i Hercegovine a.d.) said it concluded more than 45 contracts in the first quarter of 2015 with companies from Bosnia and Herzegovina and the region, for the implementation of various projects with a total value of BAM 30 million (EUR 15.34 million). In March, the contract was signed with Elektroenergetika […]

Hidroelectrica buys EUR 1.7 million IT system

Hidroelectrica bought an IT system at a record price of EUR 1.7 million, value-added tax excluded. On March 31, the consortium consisting of Information Business Consulting, Electrica Soluziona, and Indra won the auction for an integrated enterprise resource-planning IT system with business-intelligence management analysis instruments, Business-review.eu portal reported. There will be implemented multiple forms of […]

Yıldız: 4 GW to be added in 2015, mostly from renewables

Turkey will add 4 GW to electricity production capacity in 2015, energy minister Taner Yıldız said, adding 95 percent will be provided through local and renewable resources, Hurriyet daily reported. The statement came after a massive power outage affected more than 76 million people in 80 out of 81 Turkish provinces for up to nine […]