Fintel Energija’s net profit rose in the first nine months of 2026 as stronger financial income offset weaker operating performance. Operating revenue fell 34%, while the company continued to develop a renewable project pipeline of around 500 MW.
Romania imported electricity for 21 of 24 hours on 3 November despite renewables supplying around two-thirds of generation. Reactor restart prospects and the cost and timing of grid connections will shape supply and new project economics.
Hungary's HUPX day-ahead traded volume rose in October as average baseload prices climbed 36.8% from September. Higher trading alongside higher prices pointed to stronger turnover amid tighter regional power conditions.
Battery operators across Southeast Europe are increasingly buying solar-heavy midday electricity and shifting it for sale in later hours, with Bulgaria leading the trend. Serbia has begun recording negative day-ahead prices, which can provide a variable source of low-cost electricity for storage.
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As Europe gears up for a significant industrial transformation from 2026 to 2030, the demand for advanced materials is set to increase dramatically. This...
As Europe embarks on a critical phase of industrial transformation aimed at achieving climate goals while ensuring competitiveness and resilience, the demand for aluminium...
Companies in Serbia are not afraid of decarbonisation and the European Union’s Carbon Border Adjustment Mechanism (CBAM), but they are worried that the state...
Serbia has emerged as a prominent player in the steel fabrication and engineering sector, offering a blend of competitive advantages that make it an...
The European Union's commitment to reducing carbon emissions has led to the introduction of the Carbon Border Adjustment Mechanism (CBAM), fundamentally altering the landscape...
Considering the increasing demand for skilled labor in the fabrication and erection of steel structures, particularly in the EU energy sector, setting up a...
BHP has issued termination notices for its Central Timok and Borsko exploration options in eastern Serbia, returning eight licences to Mundoro Capital when the notices take effect. The miner retains separate Trstenik and South Timok agreements, while Mundoro seeks partners to fund drilling on the returned licences.
Centerra Gold has agreed to buy 12.374 million newly issued Mundoro Capital shares for approximately C$4.08 million (€2.60 million), in a proposed placement that would give it a 9.9% stake. The funding would support Mundoro’s exploration and working capital as it seeks partners for projects in Serbia, but the deal has not closed.
Northstone Resources secured commitments for a share placement worth about EUR1.45 million to fund exploration at its Tlamino gold-silver and Timok East copper-gold projects in Serbia. The financing will support drilling and technical studies, not mine construction.
European Energy is evaluating a renewable-energy complex in Bulgaria’s Dobrich region, centred on a wind project of up to 1 GW. The concept also includes solar generation, battery storage and infrastructure for industrial users.
Croatian oil-pipeline operator JANAF halted crude transport on part of the Sisak-Slavonski Brod route after pipeline equipment was damaged near Prvca. The spill is estimated at 500 cubic metres.