HEP to pour EUR 29.6 million into state budget from 2017 profit

Croatia’s state power utility, Hrvatska Elektroprivreda (HEP), will transfer HRK 218.4 million (about EUR 29.6 million) out of its 2017 net profit into the state coffers, in line with a requirement for strategic enterprises to set aside 60% of their profits for the state budget, local media reported, citing a decision from last week’s HEP shareholder […]

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 call for allocation of funds for ZelEn’s product fee

Croatian public utility Hrvatska elektroprivreda (HEP) and HEP Opskrba (HEP Supply) have announced a public call for the allocation of funds for ZelEn’s product fee for 2017. The call is open until April 5th. ZelEn is the green energy produced solely from renewable sources and for HEP Opskrba’s customers. The company was the first to […]

Croatian Government appointed new HEP’s Supervisory Board

General Shareholders Assembly of the public power utility Hrvatska elektroprivreda (HEP) elected new Supervisory Board, company said in a statement. The General Shareholders Assembly, chaired by Minister of Finance Zdravko Marić, at the proposal of the Croatian Government, revoked the old and appointed new members of HEP d.d. Supervisory Board. Old members were Nikola Bruketa, […]

Electricity December 12, 2017

Croatia’s HEP to supply two Serbia’s cities with electricity

Croatian public utility Hrvatska elektroprivreda (HEP) should start supplying electricity to the Serbian city of Valjevo for public lighting and traffic lights by the end of November, while supplies to another Serbian city, Kraljevo, are at the moment uncertain due to the city’s debt to the previous supplier, Serbia’s public power utility Elektroprivreda Srbije (EPS). […]

HEP to hire consultant for EL-TO Zagreb upgrade project

European bank for reconstruction and development (EBRD) and Croatia’s Public utility Hrvatska elektroprivreda (HEP) issued a public invitation for the expressions of interest for Owner’s Engineer who will assist HEP in construction of a combined heat and power (CHP) combined-cycle power plant (CCPP) EL-TO Zagreb. The consultancy contract is estimated to cost EUR 2.0 million […]