Serbian electricity exports to Hungary face narrower margins as existing EU carbon costs make emissions evidence and transaction details more important. A European Commission clarification covers the customs treatment of nominated electricity volumes and distinguishes imports from transit.
More than a quarter of Serbia’s October electricity use came from imports as weak hydropower output increased EPS’s exposure to regional prices. The imports had a market value of around €100 million.
The Republika Srpska government has agreed to guarantee another €34.8 million of borrowing for ERS and its subsidiaries, taking their financing activity in 2026 above €100 million. The funding includes €9.2 million for RiTE Ugljevik, which the government says will support capital investment.
Hungary's HUPX day-ahead traded volume rose in October as average baseload prices climbed 36.8% from September. Higher trading alongside higher prices pointed to stronger turnover amid tighter regional power conditions.
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Since 2022, Bulgaria's energy sector has been facing the challenging task of dealing with unprecedented complexities, driven by both inflationary pressures and geopolitical factors....
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.