Romania: Parapet and Alerion...

Romanian renewable energy engineering company Parapet has signed seven new contracts with Italian...

North Macedonia: Day-ahead power...

In October 2025, electricity trading on North Macedonia’s day-ahead market reached 146,498 MWh,...

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Bosnia and Herzegovina, Nestro Petrol recorded a net profit in the amount of some 240,000 euros in 2021

Bosnian fuel retailer Nestro Petrol, part of the Optima Group, recorded a net profit in the amount of some 240,000 euros in 2021, significantly lower compared to its 2020 net profit of 1.1 million euros.

The company’s operating income increased by 29.3 % year-on-year reaching 112.2 million euros in 2021, while total operating costs also rose by 28.7 % to 112 million euros.

Oil refinery in Bosanski Brod, as well as the refinery in Modrica and Nestro Petrol in Banja Luka are part of Optima Group, majority owned by NefteGazInkor, a subsidiary of the Russian company Zarubezhneft.

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