ENTSO-E: Southeastern Europe offers some of highest returns from energy storage
Southeast Europe has some of the most compelling values for energy storage investments in the continent, according to a new report by ENTSO-E.
Serbia’s EPS posts annual profit of EUR 223 million
Elektroprivreda Srbije has reported a profit of RSD 26.1 billion for 2024, much lower than one year before
GEN Group’s profit increases ninefold in 2023
GEN Group is focused on speeding up the preparations for the construction of the second unit of the Krško nuclear power plant
Montenegro’s EPCG posts biggest profit in its history
State-owned power utility Elektroprivreda Crne Gore (EPCG) has posted a record profit for the first half of 2023
Serbia’s EPS 2020 profit more than doubles to EUR 137 million
Elektroprivreda Srbije's profit last year more than doubled compared with 2019, to EUR 137 million.
EPHZHB’s net profit for 2019 lands nearly seven times lower year over year
Net profit of public power utility Elektroprivreda Hrvatske Zajednice Herceg Bosne (EPHZHB) dropped 85.1% last year against 2018, to BAM 2.47 million (EUR 1.26 million), according to the official results. The company’s net profit in 2018 was BAM 16.6 million (EUR 8.49 million) or almost seven times higher. Even though revenues strengthened and costs fell […]
EPCG shareholders approve investment in Gvozd wind farm project
Shareholders of state power utility Elektroprivreda Crne Gore (EPCG) have approved an investment into a joint EUR 58 million project with Austria’s Ivicom Holding to build the Gvozd wind farm, RTCG reported following a meeting of EPCG’s shareholders. Ivan Mrvaljević, head of development and engineering at EPCG, said earlier this year that EPCG could launch […]
Croatia’s HEP Group posts EUR 184 million net profit for 2018
Croatia’s state-owned energy company Hrvatska Elektroprivreda (HEP Group) reported a net profit of HRK 1.36 billion (around EUR 184 million) in 2018, an increase of 5% compared to 2017. The profit came from the group’s electricity business, with losses seem in other segments of operations, according to HEP Group’s annual report. HEP Group posted an […]