Montenegro–Italy electricity market coupling:...

Electricity market coupling between Montenegro and Italy marks a structural break in the...

How SEE electricity spreads...

Serbia’s industrial competitiveness is increasingly shaped not by domestic conditions alone but by...

Regional power-flow shifts after...

The shutdown of Pljevlja transforms Montenegro’s internal energy balance, but its implications extend...

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Bosnia and Herzegovina, Energopetrol recorded a net profit in the amount of some 36,000 euros

Bosnian fuel retailer Energopetrol recorded a net profit in the amount of some 36,000 euros in the first half of 2021, compared to a loss of 215,000 euros in the same period last year.

The company’s operating revenues rose by 2.3 % in to 32.5 million euros, while its operating expenditures also increased by 1.3 % and amounted to 32.4 million euros.

In 2018, Croatian oil company INA has increased its stake in Energopetrol from 67 % to 88.7 %. On the other hand, the Government of the Federation of Bosnia and Herzegovina (FBiH), which previously owned 22.7 % stake in the company, now holds just 7.6 % of Energopetrol’s shares. The percentage of shares owned by smaller stakeholders has decreased slightly as well.

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