Romania: Cernavoda Unit 2...

Unit 2 of Romania’s sole nuclear power plant, Cernavoda, was brought back online...

Montenegro: Major renewable energy...

Two significant renewable energy projects are progressing in the village of Korita, located...

Bulgaria: Solaris Holding launches...

Solaris Holding, a joint venture between Bulgarian-German solar developer Sunotec and Eurohold Bulgaria,...

Bosnia and Herzegovina: Electricity...

Gross electricity production in the Federation of Bosnia and Herzegovina (FBiH) reached 512...
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HomeSEE Energy NewsNorth Macedonia:Oilko KDA...

North Macedonia:Oilko KDA submitted a takeover bid for Makpetrol

Fuel storage and transport company Oilko KDA has launched a takeover offer for fuel retailer Makpetrol.

Oilko KDA is offering 67,001 denars (1,087 euros) per share, targeting 72,644 shares it does not already own in Makpetrol.

The targeted shares represent a 64.64% stake in the company. Oilko KDA currently holds a 22.87% stake in Makpetrol.

The takeover offer is valid until March 20.

Securities and Exchange Commission (SEC) approved the takeover offer earlier this week.

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