Supported byClarion Energy
HomeElectricityBosnia and Herzegovina,...

Bosnia and Herzegovina, Ugljevik recorded a net loss in the amount of 6.6 million euros in the first nine months of 2021

Coalmine and thermal power plant (RiTE) Ugljevik recorded a net loss in the amount of 6.6 million euros in the first nine months of 2021, compared to a net loss of 5.6 million euros in the same period last year.

The company’s revenues in the first nine months of the year rose by 6.2 % compared to the same period in 2020 and amounted to 52.8 million euros, while its expenditures increased by 11 % and reached 58.8 million euros.

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Bosnia’s Gradina Wind Project Clears Screening for 100 MW

Bosnia and Herzegovina’s planned 100-MW wind energy project near Tomislavgrad has cleared an environmental screening stage, with authorities deciding that a full environmental impact assessment is not required. The Federal Ministry of Environment and Tourism issued the decision for the...

Bosnia and Herzegovina: ERS secures new loans as Ugljevik shutdown intensifies financial strain

Bosnia and Herzegovina’s state-owned power utility ERS has secured another €2 million in short-term financing, bringing the total amount of new borrowing arranged within just a few days to €7 million. The additional funds come as the company faces...

EPBiH coal shortages raise risk of further electricity tariff pressure in 2026-2027

EPBiH, the state-owned power utility in Bosnia and Herzegovina, faces renewed electricity-price pressure as coal supply problems contribute to losses. The company could see pressure for another electricity-price increase by late 2026 or early 2027, according to the conditions...
Supported byVirtu Energy