Litostroj sold to Czech investors, beating Končar

Energo-Pro a. s. is taking over Slovenian turbine manufacturer Litostroj Power d. o. o. for EUR 23.5 million, ČIA News reported, quoting spokeswoman Hana Hikelová. Litostroj Power has posted net revenues exceeding EUR 32 million for last year. It signed contracts worth more than EUR 70 million, 58% being in Europe, 20% in America, 13% […]

Electricity February 19, 2016

Končar chosen to construct Vranduk hydro plant

Croatian company Končar – Power Plant and Electric Traction Engineering Inc. (Končar – Ket) signed a contract with public utility Elektroprivreda Bosne i Hercegovine dd in Sarajevo to build Vranduk hydroelectric power plant as part of consortium with Austrian Strabag AG, which dominates with a share of 63.4%. The project is worth EUR 63 million. […]