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North Macedonia: Oilko KDA to submit takeover bid for Makpetrol

Macedonian fuel storage and transport company Oilko KDA announced that its shareholders have approved a plan to submit a takeover bid for local fuel...

Croatia, JANAF is planning to propose to its shareholders to distribute dividend from last year’s profit

Croatian state-owned oil transportation company JANAF is planning to propose to its shareholders to distribute dividend from last year’s profit in the amount of...

Romania, Hidroelectrica received shareholders’ approval for the conclusion of joint venture companies with Masdar

Romanian electricity producer Hidroelectrica received shareholders’ approval for the conclusion of joint venture companies with UAE-based Masdar. The statement from the company said that the...

Romania, Romgaz expects its gross profit in 2023 to decrease by 14 % compared to 2022

Romanian state-owned natural gas producer Romgaz said that it expects its gross profit in 2023 to decrease by 14 % compared to 2022 and...

Montenegro, EPCG shareholders will consider a loan from the EBRD for the construction of the Iron and Steel Plant

The Board of Directors of Elektropivreda Montenegro will discuss at the next Shareholders' Meeting the approval of the loan agreement with the European Bank...

Romania, Franklin Templeton has recommended to the fund’s shareholders

Franklin Templeton, the manager of investment fund Fondul Proprietatea, has recommended to the fund’s shareholders, such as Pillar II pension funds, mutual funds, and...

Latest news

SEE power prices jump as weekday demand returns, Serbia tops €300/MWh

Southeast European day-ahead electricity prices surged on Monday, October 19, as the return of weekday demand, weaker renewable generation forecasts and continued reliance on...

Greece unveils €200 million battery storage scheme as project pipeline grows

Greece is preparing a €200 million battery-storage support programme as the country seeks to accelerate the deployment of standalone batteries and renewable-linked storage. The...

Djerdap 3 pumped-storage: Bechtel-Enka qualifies as Serbia prepares planning

Serbia has advanced work on the proposed Djerdap 3 pumped-storage hydropower project, with a Bechtel-Enka consortium qualifying for the next stage of government negotiations....

Romania extends 25% diesel excise reduction until Oct. 31

Romania will keep a 25% reduction in diesel excise duty until Oct. 31, extending temporary relief for transport operators and other businesses. The decision...

R.Power completes 55-MW Lazuri solar plant in Romania; grid link by end-2026

Polish renewable-energy developer R.Power has finished construction of the 55-MW Lazuri solar plant in Romania’s Satu Mare county. Grid connection is expected before the...