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OMV Petrom Reports €620 Million Profit Amid Strategic Investments in Romania

In 2025, OMV Petrom, Romania's leading oil and gas company, announced a net profit of approximately €620 million, reflecting a 27% decrease compared to...

Romania: Electrica reports strong profit growth in first nine months of 2025

Romanian electricity distributor and supplier Electrica posted a net profit of €168 million in the first nine months of 2025, marking a 177% increase...

Romania: Transgaz net profit soars to €136 million, nearly fivefold increase year-on-year

Romania’s natural gas transmission system operator Transgaz posted a significant improvement in its financial results for the first nine months of 2025, with consolidated...

Romania: Transelectrica’s nine-month profit drops 56% amid lower revenues and higher costs

Romania’s electricity transmission system operator Transelectrica closed the first nine months of 2025 with a net profit of €36.6 million, representing a steep 56%...

North Macedonia: OKTA reports strong profit growth despite lower revenues in 2025

North Macedonian oil refinery OKTA, owned by Greece’s Hellenic Petroleum, reported a net profit of 7.3 million euros in the first nine months of...

Montenegro: CGES reports €16.7 million profit in first nine months of 2025, slightly down year-on-year

Montenegrin electricity transmission system operator CGES reported a net profit of 16.7 million euros for the first nine months of 2025, slightly lower than...

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SEE power markets remain exposed to gas supply risks ahead of winter

Southeast European power markets entered the final part of September with lower electricity demand and sharply reduced gas-fired generation, while exposure to gas supply...

Italy and Croatia see higher LNG inflows as Greek receipts decline

LNG inflows increased in Italy and Croatia during the week to 20 September, adding to imported gas availability as European markets prepared for the...

Croatia’s renewable output plunges as hydro gains fail to offset rising power imports

Croatia recorded a 54.3% decline in variable renewable generation in the week to 20 September, marking one of the steepest drops in the region,...

SEE wind and solar output falls faster than electricity demand

Southeast Europe’s variable renewable electricity generation declined faster than power demand in the week ending 20 September, limiting the downward pressure on electricity prices...

SEE gas-fired power generation drops 13.6% as coal output edges higher

Gas-fired electricity generation across the Southeast European markets covered fell 13.60% in the week ending 20 September, declining at more than twice the rate...