ECONOMY

Construction of New 350 MW Unit B3 of Serbian Kostolac TPP Started

Date: 21.11.2017 Author: Andreja Šalamun
Construction of New 350 MW Unit B3 of Serbian Kostolac TPP StartedPhoto: www.te-ko.rs

Construction of the new 350 MW unit B3 of the Kostolac thermal power plant (TPP) is the biggest investment in the domestic energy sector in the last three decades, said Serbia’s Prime Minister, Ana

OMV Becomes Strategic Partner of IONITY

Date: 21.11.2017 Author: Andreja Šalamun
OMV Becomes Strategic Partner of IONITYPhoto: Roman Peklaj

OMV, an international oil and gas company headquartered in Vienna, has becomes a new strategic partner of IONITY for Austria, the Czech Republic, Hungary and Slovenia. IONITY will build a network of

SEE CAO: 5.12 EUR/MWh Auction Price Achieved at Macedonia-Albania Border

Date: 21.11.2017 Author: Ana Vučina Vršnak
SEE CAO: 5.12 EUR/MWh Auction Price Achieved at Macedonia-Albania BorderPhoto: Roman Peklaj

The South East European Coordinated Auction Office (SEE CAO) has announced the results of the monthly auction for the allocation of physical transmission rights (PTR) for December 2017. The highest

HEP Energija to Supply Electricity to Two Serbian Cities

Date: 21.11.2017 Author: Ana Vučina Vršnak
HEP Energija to Supply Electricity to Two Serbian CitiesPhoto: www.hep.hr

The Croatian state-owned power utility Hrvatska elektroprivreda (HEP) has announced that its daughter company in Slovenia, HEP Energija, is supplying electricity to the company Cimos in Serbia, and

Russia's Gazprom Increased Gas Exports to SEE in First 9 Months of 2017

Date: 21.11.2017 Author: Andreja Šalamun
Russia's Gazprom Increased Gas Exports to SEE in First 9 Months of 2017Photo: 

In the first nine months of 2017 the Russian gas giant Gazprom increased its natural gas exports to the SEE region by 35%, according to company data. Exports to the SEE region in the first nine months

Croatian Janaf Prepares for Recapitalisation of Petrokemija

Date: 21.11.2017 Author: Ana Vučina Vršnak
Croatian Janaf Prepares for Recapitalisation of PetrokemijaPhoto: www.pixabay.com

Croatia’s state-owned oil pipeline operator Janaf published a call on Friday for its extraordinary general assembly to be held on 28 December. In the call it proposes buying new shares in the

Serbia Dedicated to Fighting Climate Change

Date: 20.11.2017 Author: Ana Vučina Vršnak
Serbia Dedicated to Fighting Climate ChangePhoto: www.pixabay.com

Serbia's Minister of Environmental Protection, Goran Trivan, has expressed Serbia's readiness and commitment to international and national goals in the fight against climate change, as well as the

Slovenian Petrol Group Records EUR 60m Net Profit in First 9 Months of 2017

Date: 20.11.2017 Author: Ana Vučina Vršnak
Slovenian Petrol Group Records EUR 60m Net Profit in First 9 Months of 2017Photo: Petrol

The Slovenian Petrol Group consolidated sales jumped 23% year-on-year to EUR 3.3 billion in the first nine months to September, mainly due to higher oil prices, said Petrol Group on Thursday in a

Marjan Eberlinc, Plinovodi: Gazprom Has Always Been a Reliable Supplier

Date: 20.11.2017 Author: Alenka Žumbar
Marjan Eberlinc, Plinovodi: Gazprom Has Always Been a Reliable SupplierPhoto: Anže Petkovšek

“Judging from our analyses of this year’s business operations, Plinovodi can expect a good 2017 result. By the end of the fiscal year, the company will have implemented all the challenging

Republika Srpska's Hydro and Thermal Power Plants At Full Capacity

Date: 17.11.2017 Author: Ana Vučina Vršnak
Republika Srpska's Hydro and Thermal Power Plants At Full CapacityPhoto: HESS

Elektroprivreda Republike Srpske (ERS), one of the power utilities in Bosnia and Herzegovina (BiH), has successfully overcome a period of unprecedented bad hydrology and now all three hydropower

Romanian Electrica's Operating Profit Down 79.23 % in First Nine Months of 2017

Date: 17.11.2017 Author: Ana Vučina Vršnak
Romanian Electrica's Operating Profit Down 79.23 % in First Nine Months of 2017Photo: Banka Slovenije

The Romanian power supplier and distributor Electrica generated an operating profit of RON 115.6 million (EUR 24,92 million) in the first nine months of 2017, down from the RON 556.7 million (EUR 120

Šoštanj TPP Unit 6 Expects Further Scheduled Outages to Monitor Under-Guarantee Repairs

Date: 17.11.2017 Author: Ana Vučina Vršnak
Šoštanj TPP Unit 6 Expects Further Scheduled Outages to Monitor Under-Guarantee RepairsPhoto: Andreja Šalamun

Unit 6 of the Slovenian Šoštanj thermal power plant (TPP) has been back online since Wednesday, 8 November after a scheduled outage starting on 27 October. During the outage, some faults were

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