OKTA’s net profit rose to €34.1 million in the first nine months of 2026 from €7.3 million a year earlier, while sales revenue more than doubled. Expenses also climbed, increasing 101% to approximately €891 million.
Renewable electricity producers in Serbia, Montenegro and other Western Balkan markets may not qualify for actual-emissions treatment on EU exports based on low-carbon generation alone. An illustrative scenario puts the six-month opportunity cost for a 130 MW onshore wind project at €8.9 million if it sells locally instead of accessing higher-priced EU markets.
Montenegro’s BELEN day-ahead average rose 8.2% to €295.37/MWh for 2–8 November 2026, moving above Serbia as regional demand increased and solar and hydro output fell. Regional imports also rose, while price gaps narrowed between several neighbouring markets.
Montenegro’s Environmental Protection Agency has given the developer of the proposed Velestovo solar-and-storage project two years to submit a full environmental impact assessment. The agency will decide whether the 60 MW, 50 million euro project can proceed after reviewing its expected effects.
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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 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 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 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.
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.