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Montenegro: Jugopetrol’s profit increases by 55% in H1 2024

Montenegrin fuel retailer Jugopetrol reported a net profit of 2.78 million euros for the first half of 2024, up from 1.79 million euros in...

North Macedonia: Oilko slightly raised stake in Makpetrol

Fuel storage and transport company Oilko KDA raised its stake in local fuel retailer Makpetrol to 24.88% from 22.87% following a takeover offer. A total...

North Macedonia: Makpetrol expects higher net profit in 2024

Fuel retailer Makpetrol expects to generate a net profit of 873.1 million denars (14.2 million euros) in 2024, up 13% compared with a year...

North Macedonia:Oilko KDA submitted a takeover bid for Makpetrol

Fuel storage and transport company Oilko KDA has launched a takeover offer for fuel retailer Makpetrol. Oilko KDA is offering 67,001 denars (1,087 euros) per...

North Macedonia: Oilko KDA gets green light for Makpetrol takeover

Macedonian Securities and Exchange Commission (SEC) has given the green light to fuel storage and transport company Oilko KDA to proceed with its planned...

North Macedonia: Oilko KDA to submit takeover bid for Makpetrol

Macedonian fuel storage and transport company Oilko KDA announced that its shareholders have approved a plan to submit a takeover bid for local fuel...

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HSE trial operation expands Prapretno solar complex with 7-MW battery storage

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EIB open to financing Slovenia nuclear expansion at Krsko

The European Investment Bank is prepared to consider financing nuclear investments in Slovenia, including a possible second reactor at the Krsko power plant. The...

Vranje approves detailed regulation plan for 100-MW Poljanica wind farm

The southern Serbian city of Vranje has approved the detailed regulation plan for the 100-MW Poljanica wind farm. The approval enables the project to...

OMV Petrom finishes €115 million electrical upgrade at Petrobrazi refinery

OMV Petrom has completed a €115 million modernisation of the electrical infrastructure at its Petrobrazi refinery in Romania. The project is designed to prepare...