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Romania: DEER launches €19.5 million project to upgrade electricity distribution in Maramures County

Distributie Energie Electrica Romania (DEER) is spearheading a major investment initiative to modernize and expand the electricity distribution infrastructure in Maramures County, located in...

Romania: Electricity distributor DEER to invest €100 million annually in network modernization

Mihaela Sucia, CEO of Distributie Energie Electrica Romania (DEER), announced that the company will invest approximately 100 million euros each year to modernize its...

Distributie Energie Electrica Romania (DEER) issues tender for 1.1 million smart meters

Distributie Energie Electrica Romania (DEER) has launched a public tender for the procurement of 1.1 million smart meters, with a maximum value of €74.3...

Romania: Electrica approved an investment budget of 177 million euros for DEER in 2024

The Board of Directors of the Electrica Group approved the consolidated value of the investment plan (CAPEX) for the year 2024, in the total...

Romania: Electrica reached 21 million euros profit in H1  

Romanian company Electrica reached a net profit of 21.4 million euros in the first half of 2023, compared to a loss of 35.5 million...

Romania: Distributie Energie Electrica Romania received 57 million euros from Modernization fond

  Electricity distribution network operator Distributie Energie Electrica Romania (DEER) received 57 million euros of non-refundable European financing through the Modernization Fund.  The amount represents...

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...