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Montenegro: CGES declares 5 million euro dividend amid continued investment plans

Montenegrin electricity transmission system operator CGES will distribute a gross dividend of 5 million euros to its shareholders, following approval at the company’s annual...

Bulgaria: TPP Bobov Dol declares 2024 dividend amid profit decline

Bulgarian coal-fired power plant Bobov Dol will distribute a dividend of 0.051 euros per share for 2024, allocating around 444,000 euros from its net...

Romania: Petrol proposes increased dividend amid record profits in 2024

Slovenian energy company Petrol has proposed a gross dividend of €2.10 per share for the 2024 financial year, marking an increase of €0.30 compared...

Croatia: JANAF proposes substantial dividend payment amid strong profitability and expansion plans

The Management and Supervisory Boards of the Croatian oil transportation company JANAF have proposed a dividend payment of 28.81 euros per share to its...

Hungary: MOL proposes total dividend of 0.68 euros per share for 2024

Hungarian oil and gas company MOL has announced that its Board will recommend a total dividend of approximately 0.68 euros per share at the...

Romania: OMV Petrom to pay special dividends for 2023

Romanian oil and gas group OMV Petrom will pay special dividends worth RON 1.87 bln (EUR 376 mln) to its shareholders in September.  The gross...

Latest news

BHP moves to end options on eight Serbian exploration licences

BHP has issued termination notices for its Central Timok and Borsko exploration options in eastern Serbia, returning eight licences to Mundoro Capital when the notices take effect. The miner retains separate Trstenik and South Timok agreements, while Mundoro seeks partners to fund drilling on the returned licences.

Centerra proposes nearly C$4.1 million for 9.9% Mundoro stake

Centerra Gold has agreed to buy 12.374 million newly issued Mundoro Capital shares for approximately C$4.08 million (€2.60 million), in a proposed placement that would give it a 9.9% stake. The funding would support Mundoro’s exploration and working capital as it seeks partners for projects in Serbia, but the deal has not closed.

Northstone secures commitments for about EUR1.45 million Serbia placement

Northstone Resources secured commitments for a share placement worth about EUR1.45 million to fund exploration at its Tlamino gold-silver and Timok East copper-gold projects in Serbia. The financing will support drilling and technical studies, not mine construction.

European Energy weighs up to 1 GW complex in Bulgaria

European Energy is evaluating a renewable-energy complex in Bulgaria’s Dobrich region, centred on a wind project of up to 1 GW. The concept also includes solar generation, battery storage and infrastructure for industrial users.

JANAF halts Croatian crude flows after estimated 500 cubic metre spill

Croatian oil-pipeline operator JANAF halted crude transport on part of the Sisak-Slavonski Brod route after pipeline equipment was damaged near Prvca. The spill is estimated at 500 cubic metres.