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Serbia faces potential €1.5 billion cost for majority stake purchase in NIS to avoid sanctions

According to Nenad Gujanicic, head broker at Momentum, acquiring a majority stake in the Serbian oil company NIS from Russian entities could cost Serbia...

Greece: Helleniq Energy expands renewable portfolio with 110 MW solar acquisition in Western Macedonia

Greek oil company Helleniq Energy has significantly expanded its renewable energy portfolio by acquiring a 110 MW solar power plant portfolio in Western Macedonia....

Serbia’s NIS oil company to issue €50 million in corporate bonds

The General Assembly of Serbia's NIS (Naftna Industrija Srbije) has approved the issuance of the company’s first-ever corporate bonds, totaling €50 million. The bond...

Croatia: JANAF reports strong financial performance and expands into renewable energy

In the first nine months of 2024, Croatian state-owned oil transportation company JANAF achieved nearly €100 million in total revenues. Revenue from core activities,...

Serbia: NIS poised to issue first corporate bond on Belgrade Stock Exchange

Serbian oil company NIS, which is majority-owned by Russian GazpromNeft, is set to become the first company to issue a corporate bond on the...

Croatia: JANAF confirms take-or-pay contract with MOL amid transport and supply concerns

Vladislav Veselica, a member of the Management Board of state-owned oil transportation company JANAF, confirmed that the company has a take-or-pay contract with MOL...

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Southeast European power prices surge as demand recovers and wind generation drops

Electricity prices across Southeast Europe rose sharply on Monday, October 12, as demand recovered after the weekend and forecast wind generation declined. Serbian day-ahead...

Greece secures EU fiscal flexibility for nearly €1 billion in energy and resilience investments

Greece has secured European Union approval for additional fiscal flexibility covering nearly €1 billion in planned energy-security and resilience investments through 2028, creating greater...

HELLENiQ ENERGY commissions €50 million battery as Greece expands energy storage capacity

HELLENiQ ENERGY has commissioned a 100 MW/200 MWh battery energy storage system at its Thessaloniki industrial complex, marking a significant step in Greece’s shift...

Bulgaria’s power exports surge 62% as renewables and battery storage boost regional supply

Bulgaria’s net electricity exports increased by 62% to 3.5 TWh during the first nine months and opening days of October 2026, supported by stronger...

Romania’s €1.2 billion Mintia gas plant enters commissioning ahead of grid connection

Romania’s 1.7 GW Mintia gas-fired power project has reached a major commissioning milestone with the first turbine ignition, bringing one of Southeast Europe’s largest...