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Bosnia and Herzegovina: EPBiH reports €29.4 million net loss in 2024

Bosnia’s state-owned power utility, Elektroprivreda BiH (EPBiH), recorded a net loss of approximately €29.4 million in 2024. Despite this, the company saw total revenues...

Romania: Rompetrol Rafinare reports $66.7 million net loss in 2024 amid operational and market challenges

Rompetrol Rafinare, a member of the KMG International Group, reported a higher consolidated net loss of $66.7 million for the first nine months of...

Montenegro: EPCG reports €19.2 million net loss for first nine months of 2024

Montenegrin state-owned power utility EPCG has recorded a significant net loss of €19.2 million for the first nine months of 2024, a sharp decline...

North Macedonia: EDS cuts net loss in 2023

Macedonian electricity trader and supplier, Energy Delivery Solutions (EDS), recorded a net loss decline to 20.1 million denars (326,811 euros) in 2023, compared to...

Serbia: EPS swings to a net profit of nearly one billion euros in 2023

After two consecutive years of losses, Elektroprivreda Srbije (EPS)marked a significant turnaround in 2023, reporting a profit of one billion euros. The achievement was...

Serbia: EPS swings to a net profit of nearly one billion euros in 2023

After two consecutive years of losses, Elektroprivreda Srbije (EPS)marked a significant turnaround in 2023, reporting a profit of one billion euros. The achievement was...

Latest news

LNG inflows rise across Southern Europe as high gas prices keep Southeast Europe exposed to global markets

Courtesy of Virtu.Energy LNG inflows into Greece and Italy increased sharply in Week 42, as Southeast Europe moved towards the winter period amid elevated gas...

Cross-border electricity flows reshape Southeast Europe’s power market as national trade positions diverge

Courtesy of Virtu.Energy Cross-border electricity flows emerged as one of the defining features of Southeast Europe’s power market in Week 42, as national trading positions...

Coal and lignite gain ground as high gas prices reshape Southeast Europe’s power generation mix

Coal and lignite generation increased across Southeast Europe in Week 42, despite a decline in overall thermal electricity production. The shift highlighted the continued...

European gas prices surge as rising fuel costs increase pressure on Southeast European power markets

European gas prices continued to climb in Week 42, adding to upward pressure on Southeast European electricity markets as the region approached winter with...

SEE renewable output jumps 30% as electricity prices continue to climb

Southeast Europe recorded a significant increase in renewable electricity production in Week 42, driven by a strong recovery in wind generation. However, wholesale electricity...