Romania: EIB invests 30...

The European Investment Bank (EIB) is allocating up to 30 million euros to...

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Montenegrin state-owned power utility EPCG has launched a tender for the procurement of...

Bosnia and Herzegovina: HPP...

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Republic of Srpska: HPPs profit reached 17 million euros in 2023

Three subsidiaries of power utility ERS achieved a combined profit of around 17 million euros in 2023. Hidroelektrane na Trebisnjici recorded a profit of 12.9 million euros, which is 700,000 euros more than in the previous year. Its total revenues amounted to 48.4 million euros and expenses to 34.3 million euros in 2023.

Hidroelektrane na Vrbasu also recorded a profit increase, with a profit of 3.8 million euros in 2023, 1 million euros more than a year before. Total revenues amounted to 13.8 million euros and expenses to 9.8 million.

HPP Visegrad recorded a 1.25 million euros profit in 2023, which is 200,000 euros more than a year before. Total revenues amounted to 22 million euros and expenses to 20.5 million.

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