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Serbia: EPS posts 972 million euros profit in 2023

Serbian power utility Elektroprivreda Srbije recorded a profit of 114 billion dinars (972.7 million euros) in 2023, the government said. This is a historic financial...

Bosnia and Herzegovina, Elektrokrajina turns to profit in H1 2021

Bosnian electricity distributor Elektrokrajina, a subsidiary of power utility ERS, said it recorded a net profit in the amount of 2.1 million euros in...

Serbia: EPS to be restructured next year

According to the program agreed between Serbian Government and the International Monetary Fund (IMF), Serbian state-owned power utility EPS will become a joint stock...

Serbia: EPS to transform to joint stock company by October

According to Serbian media, state-owned power utility EPS should transform from public enterprise to joint stock company by the end of the year, most...

EPS Invests 1 Billion Euros In Ecology

Roughly EUR 500 million invested in environmental improvement projects. EPS is the largest investor in environmental protection in Serbia, primarily investing in improving air...

Elektroprivreda Srbije and energy companies comply with NERP

The Ministry of Mining and Energy announced today that Elektroprivreda Srbije and other energy companies are absolutely behaving in line with the measures foreseen...

Latest news

SEE power markets 8/9 split as solar deepens midday lows while Italy keeps premium

Day-ahead electricity prices across Southeast Europe diverged sharply for delivery on Tuesday, September 8, as stronger solar supply compressed daytime values while Italy and...

Slovenia appoints GEN leadership ahead of Krško 2 nuclear project decisions

New executives at GEN energija and GEN-I Slovenia has appointed new leadership at state-owned GEN energija and electricity supplier and trader GEN-I, changing management at...

European gas rally lifts Bulgaria’s regulated September discount to €41.60/MWh

European benchmark gas prices moved above €74/MWh on Tuesday, widening the spread versus Bulgaria’s regulated September price of €41.60/MWh. The move highlights differences in...

EPCG completes major works on €26m Gvozd 2 wind expansion in Montenegro

Montenegro’s state power utility EPCG has completed most work on the second of three turbine foundations at its 21 MW Gvozd 2 wind project,...

Greece approves €2.3bn programme for island grids, renewables and storage

Greece has secured approval for a €2.3 billion programme aimed at decarbonising its islands, with Athens directing more than €2 billion towards electricity interconnections,...