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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...

Latest news

EU recognition of Western Balkan renewable certificates could boost PPAs but not replace CBAM verification

Renewable generators in Serbia, Montenegro and other Energy Community markets could gain access to a broader European market for the environmental attributes of their...

EU reforms could restore multi-trader electricity exports while leaving contractual risks unresolved

European Union policymakers are considering changes that could make it easier for renewable electricity from neighbouring countries to qualify for actual-emissions treatment under CBAM....

Domestic industrial PPAs open new revenue opportunities for Serbian and Montenegrin renewables

Domestic industrial demand can support renewable investment and improve electricity cost predictability, but the carbon value of a power purchase agreement depends on the...

Montenegro’s electricity exporters need stronger PPAs to secure Italian market revenues

The Adriatic interconnector gives Montenegro's renewable generators access to Italian buyers, but investment returns depend on carbon treatment, delivery profiles and the fallback provisions...

Serbian renewable projects face new contractual challenges on the Hungary export corridor

Export PPAs can expand market access for wind and solar projects, but the revenue ultimately reaching developers depends on delivery rights, trading costs and...