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Bosnia and Herzegovina: Financial losses and operational challenges hit RiTE Ugljevik in first half of 2025

The largest electricity producer in the Republic of Srpska (RS), the coalmine and thermal power plant RiTE Ugljevik, recorded a loss of 13.8 million...

Bosnia and Herzegovina: Five-company consortium wins €8.3 million contract for TPP Gacko cooling tower reconstruction

A consortium comprising four local firms and a recently established Hungarian company has secured an €8.3 million contract from RiTE Gacko, the coalmine and...

Bosnia and Herzegovina: RiTE Ugljevik reports €14.4 million loss in H1 2024

Coalmine and thermal power plant (RiTE) Ugljevik, a subsidiary of the state-owned power utility ERS, reported a loss of approximately 14.4 million euros in...

Bosnia and Herzegovina, RiTE Ugljevik recorded higher profit in 2022

Coalmine and thermal power plant (RiTE) Ugljevik recorded a net profit in the amount of some 290,000 euros in 2022, compared to a profit...

Bosnia and Herzegovina, RiTE Ugljevik recorded a net profit in the amount of around 5.5 million euros in the first nine months

Coalmine and thermal power plant (RiTE) Ugljevik recorded a net profit in the amount of around 5.5 million euros in the first nine months...

Bosnia and Herzegovina, RiTE Gacko has invited offers for a three-year loan in the amount of 1.28 million euros

Coalmine and thermal power plant (RiTE) Gacko, a subsidiary of state-owned power utility ERS, has invited offers for a three-year loan in the amount...

Latest news

Banatski Dvor expansion delays deepen Serbia’s reliance on Hungarian storage

Serbia’s Banatski Dvor underground gas storage expansion is experiencing further slippage, according to project timelines that have moved past the previously targeted end of...

Montenegro extends Sinjajevina wind project timeline to 2030

Montenegro has extended the development timetable for the 112 MW Sinjajevina I wind farm, moving the expected commercial operation target toward 2030. The revised...

Hungary granted temporary EU delay on Serbia gas capacity bundling rules

Hungary has received temporary approval from the European Commission to postpone full implementation of EU gas-capacity rules at its border with Serbia until the...

ADMIE secures equipment for €3.5bn of grid projects through 2029

Greek transmission operator ADMIE has secured equipment for projects worth about €3.5 billion, cutting procurement risk across more than half of its €6 billion...

Federation of Bosnia electricity generation up 15.8% in August as trade falls

Electricity production in the Federation of Bosnia and Herzegovina increased in August compared with August 2025, while both imports and exports declined from year-earlier...