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Croatia: JANAF recorded nearly 50 million euros profit in the first nine months

In the first nine months, oil transportation company JANAF recorded a net profit of 49.6 million euros. That is 43% higher than in the...

Croatia: JANAF recorded a net profit of 32 million euros in H1

Oil transportation company JANAF achieved revenues of nearly 74 million euros in the first six months of 2023. That is 33% higher compared to...

Croatia, JANAF signed storage deals with BP and Lukoil

Croatian state-owned oil transportation company JANAF announced that it has extended existing crude oil storage agreement with BP Oil International and signed a new...

Croatia, JANAF has appointed Stjepan Adanic as a new CEO for a four-year term

The Supervisory Board of Croatian state-owned oil transportation company JANAF has appointed Stjepan Adanic as a new CEO for a four-year term. Adanic has been...

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Hungarian power prices surge as weak wind drives Southeast Europe higher

Hungarian electricity prices jumped nearly 12% for Tuesday delivery, driving a broader increase across Southeast Europe as a sharp decline in forecast wind generation...

TDI financing for 58 MW Iratoșu solar plant in western Romania

TDI Renewables has secured €25.5 million in financing from Raiffeisen Bank International for its 58 MW Iratoșu solar power plant in western Romania. The...

Nuclearelectrica revises 2026 outlook as Cernavoda outages drive replacement power costs

Romanian nuclear producer Nuclearelectrica has reduced its forecast for 2026 net profit by 42.9% to €221 million. The company attributed the change to prolonged...

MMK Vilusi requests environmental screening for 35 MW solar plant in Nikšić

MMK Vilusi has applied for environmental screening for a 35 MW solar power project in western Montenegro, with the development planned for the Nikšić...

North Macedonia extends oil-supply emergency framework to April 2027

North Macedonia has prolonged its oil-supply emergency framework, with the country’s parliament extending the measure until April 20, 2027. The extension keeps government powers...