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Bosnia and Herzegovina: RiTE Gacko launches €5 million tender for mine expansion excavation and land grading

Coalmine and Thermal Power Plant (RiTE) Gacko has issued a public tender to select a contractor for excavation, loading, transportation, disposal, and land leveling...

Montenegro: Pljevlja coalmine reports decreased profit in first nine months of 2024

Pljevlja coalmine reported a net profit of approximately 3.34 million euros for the first nine months of 2024, a decrease from the 7 million...

Bosnia and Herzegovina: RiTE Ugljevik plans capital restructuring to address losses and enhance financial resilience

The shareholders of the coalmine and thermal power plant RiTE Ugljevik have approved a strategic plan to restructure the company’s share capital. This initiative...

SEE region: EPS to buy coal directly from Pljevlja coalmine

Acting Director of Serbian power utility EPS Dusan Zivkovic and the Minister of Energy and Mining of Montenegro Sasa Mujovic have agreed to direct...

Romania, The preliminary report on the tragedy at the Jilt Sud coalmine on 17 January has been completed

Romanian Minister of Energy Virgil Popescu said that the preliminary report on the tragedy at the Jilt Sud coalmine on 17 January, in which...

Montenegro, Pljevlja coalmine recorded a net profit in the amount of some 4.6 million euros in the first nine months

Pljevlja coalmine recorded a net profit in the amount of some 4.6 million euros in the first nine months of 2022, compared to a...

Latest news

Slovenia net generation down 13% in August as imports increase

Slovenia’s net electricity generation fell 13% year on year in August to 919 GWh. Production was also 7% lower than in July. The month’s...

Serbia launches $600 million gas network modernisation with World Bank support

Serbia has secured a $600 million World Bank framework for a gas-system overhaul. The programme is planned as a decade-long modernisation of Serbia’s gas...

Bulgargaz obtains 10-year wholesale gas licence for Serbia

Bulgargaz, the Bulgarian state-owned gas supplier, has secured a 10-year wholesale gas licence in Serbia. The permit authorises the company to conduct commercial gas...

North Macedonia generation drops 22% in July as renewables rise

North Macedonia’s gross electricity generation declined 22.3% year on year to 460,035 MWh in July, even as hydro and wind output increased. The month’s...

MVM begins foundations for 1 GW combined-cycle plant at Tiszaujvaros

Hungarian state-owned utility MVM has started foundation work on a new 1,000 MW combined-cycle gas-fired power plant at the former Tisza II site in...