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Bosnia and Herzegovina – ups and downs of 2009
Date: December 24th 2009 Author:
Mirsad Bajtarević, Sarajevo
Category: Expert commentary
Topic: Electricity , Natural gas , Ecology
Topic: Electricity , Natural gas , Ecology
The project of merger of the seven mines in Federation BiH and the power utility Elektroprivreda BiH, and the formation of Elektroprivreda BiH concern was certainly the most important milestone in BiH in 2009 business year. The new company (concern) of some 16,000 employees has merged Elektroprivreda BiH and the mines Kakanj, Kreka, Breza, Durdevik, Zenica, Gracanica from Gornji Vakuf/Uskoplje and Abid Lolic from Bila near Travnik. Their foreseen revenues are to exceed half a billion Euros, which will rank the concern somewhere in the upper part of the ‘100 top SEE companies’ list. They expect that the concern will flourish early 2010 and after the consolidation of the respective mines, Elektroprivreda plans to invest 300 million Euros into restoration and modernisation of the mines before 2015.
Oil Refinery Bosanski Brod celebrated the first anniversary of its successful operation. At the ceremony which was held end November, the Russian owners of the Refinery – i.e. representatives of the company Zarubezhneft or to be more precise its subs...
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News from theme: Electricity
- EPS to become a public limited company in 2010
- Hydropower plant and two thermal plants to be built in Federation BiH
- Bulgarian business sector calls for listing of energy monopolists on stock exchange
- Managers from Italy took over duties in Elektroprivreda Crne Gore
- RAE denies irregularities in the electricity bills in Montenegro
- Lamborghini might start manufacturing electric cars in Montenegro
- Activities in Republika Srpska for joint hydro energy projects with Serbia and Italy
- Preparations for establishing power exchange in Serbia ever more obvious, the latter to become a regional exchange later on
- Bulgaria’s gas connections with Romania and Greece financed in 2010
- EPS will get loans for smart meters
News from theme: Natural gas
- After 10 years of delays, the agreement on building interconnection between Bulgaria’s and Serbia’s gas grids finally signed
- Bulgaria and Serbia to build gas connection worth 120 million euro
- Croatia has a good LPG perspective but has to work on it
- Oncoming meeting on building transmission pipeline from Croatia to Bosnia and Herzegovina
- Republika Srpska joins the South Stream project
- Bulgaria’s gas connections with Romania and Greece financed in 2010
- Gazprom will supply 15 per cent of gas to Europe with a discount
- En.conference: Can Slovenia measure up to the challenges and opportunities brought about by a new wave of energy investments
- European Commission allocated 60 million euros for the gas pipeline between Bulgaria and Serbia
- France joins Nord Stream and gets additional supplies of Russian gas
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