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Croatia: JANAF to propose 30.95 euros/share dividend for 2023

Oil pipeline operator Janaf will propose to its shareholders to distribute an annual dividend of 30.95 euro/share from its net profit for 2023. Last year,...

North Macedonia:Oilko KDA submitted a takeover bid for Makpetrol

Fuel storage and transport company Oilko KDA has launched a takeover offer for fuel retailer Makpetrol. Oilko KDA is offering 67,001 denars (1,087 euros) per...

Romania: Erste downgrades Hidroelectrica shares’ outlook

Austrian financial group Erste revised, in a note to investors, its recommendations for the shares of Romanian hydropower group Hidroelectrica from buy to accumulate...

Romania: Electricity supplier Restart Energy plans new share listing

Restart Energy, one of the largest independent electricity suppliers in Romania, which has a bond issue underway at the Bucharest Stock Exchange, is preparing...

Romania: On the first day of the IPO investors placed bids to buy 0.8% of Hidroelectrica’s shares

  The volume of orders placed by the retail investors on the first day of the initial public offer of Romanian hydropower producer Hidroelectrica reached...

Latest news

Slovenia net generation down 13% in August as imports increase

Slovenia’s net electricity generation fell 13% year on year in August to 919 GWh. Production was also 7% lower than in July. The month’s...

Serbia launches $600 million gas network modernisation with World Bank support

Serbia has secured a $600 million World Bank framework for a gas-system overhaul. The programme is planned as a decade-long modernisation of Serbia’s gas...

Bulgargaz obtains 10-year wholesale gas licence for Serbia

Bulgargaz, the Bulgarian state-owned gas supplier, has secured a 10-year wholesale gas licence in Serbia. The permit authorises the company to conduct commercial gas...

North Macedonia generation drops 22% in July as renewables rise

North Macedonia’s gross electricity generation declined 22.3% year on year to 460,035 MWh in July, even as hydro and wind output increased. The month’s...

MVM begins foundations for 1 GW combined-cycle plant at Tiszaujvaros

Hungarian state-owned utility MVM has started foundation work on a new 1,000 MW combined-cycle gas-fired power plant at the former Tisza II site in...