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Montenegro: Jugopetrol positioned to secure contract for fuel reserve storage

Jugopetrol, Montenegro’s main fuel distributor and a subsidiary of Greece’s Hellenic Energy, has become the sole bidder in the Government’s tender for leasing storage...

Montenegro: Jugopetrol posts €8.8 million profit in first nine months of 2025 despite lower sales

Montenegrin fuel retailer Jugopetrol achieved a net profit of 8.8 million euros in the first nine months of 2025, up from 7.3 million euros...

Montenegro: Jugopetrol reports €3.44 million profit in H1 2025 amid lower sales and spending

Montenegrin fuel retailer Jugopetrol posted a net profit of 3.44 million euros in the first half of 2025, significantly down from 27.8 million euros...

Montenegro: Jugopetrol to pay €1.29 dividend per share from retained profits

Montenegrin fuel retailer Jugopetrol has announced it will distribute a gross dividend of €1.29 per share for this year, maintaining the same payout as...

Montenegro: Jugopetrol reports strong Q1 2025 profit growth despite stable sales

Montenegrin fuel retailer Jugopetrol reported a net profit of 1.07 million euros in the first quarter of 2025, a significant increase compared to the...

Montenegro: Jugopetrol maintains steady profit in 2024 despite slight asset decline

Montenegrin fuel retailer Jugopetrol posted a net profit of 7 million euros in 2024, maintaining a similar performance as the previous year. The company's...

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SEE power swings from €200/MWh scarcity to zero-price solar surplus in CW36

Southeast European power markets swung from near €200/MWh midweek to zero and negative prices during Sunday’s solar peak, while evening electricity still climbed above...

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Day-ahead electricity prices across much of Central and Southeast Europe fell to zero or negative levels during Sunday’s solar peak before rebounding above €225/MWh...