ECONOMY

Romanian Fondul Proprietatea to Sell 2.5% of OMV Petrom

Date: 21.09.2017 Author: Tanja Srnovršnik Volarič
Romanian Fondul Proprietatea to Sell 2.5% of OMV PetromPhoto: Roman Peklaj

The Romanian investment fund Fondul Proprietatea said on Tuesday that it will sell 1.454 billion existing shares in the Romanian oil and gas company OMV Petrom in an accelerated bookbuild offering.

Nikolić: Vertically Integrated Group Could Make Use of Flexibility of HSE Output

Date: 20.09.2017 Author: Ana Vučina Vršnak
Nikolić: Vertically Integrated Group Could Make Use of Flexibility of HSE OutputPhoto: Ana V. Vršnak

“By connecting all the way to the end consumer, HSE will become comparable, at least in the non-regulated part, to similar companies in the area, such as HEP, EPS, and CEZ – but also to GEN

Romania: Premier Energy Authorised to Take Over Forte Gaz

Date: 20.09.2017 Author: Tanja Srnovršnik Volarič
Romania: Premier Energy Authorised to Take Over Forte GazPhoto: Roman Peklaj

The Romanian Competition Council has authorised a transaction through which Premier Energy will take over Forte Gaz GN, said the Competition Council on Tuesday.

Slovenia and Four Other Countries to Contribute to EIB's Economic Resilience Initiative

Date: 20.09.2017 Author: Ana Vučina Vršnak
Slovenia and Four Other Countries to Contribute to EIB's Economic Resilience InitiativePhoto: Ana V. Vršnak

Italy, Luxembourg, Poland, Slovakia and Slovenia have become the first EU member states to pledge contributions for the European Investment Bank’s (EIB) Economic Resilience Initiative (ERI), an

Overhaul of Unit 6 of Slovenia’s Šoštanj TPP Scheduled for May and June 2018

Date: 19.09.2017 Author: Ana Vučina Vršnak
Overhaul of Unit 6 of Slovenia’s Šoštanj TPP Scheduled for May and June 2018Photo: Ana V. Vršnak

Next year’s overhaul of unit 6 of Slovenia’s Šoštanj thermal power plant (TPP) will take place from 7 May to 2 July 2018. During this time, only unit 4 will be in operation, as unit 5 is

Slovenian Traders ECE and E 3 to Become Part of HSE

Date: 19.09.2017 Author: Ana Vučina Vršnak
Slovenian Traders ECE and E 3 to Become Part of HSEPhoto: Ana V. Vršnak

In July this year, the Slovenian energy companies Holding Slovenske Elektrarne (HSE), Elektro Celje, Elektro Gorenjska, and Elektro Primorska signed a letter of intent with the objective of linking

Chinese CEEC Set to Invest in BiH's Kamengrad Mine and TPP

Date: 19.09.2017 Author: Tanja Srnovršnik Volarič
Chinese CEEC Set to Invest in BiH's Kamengrad Mine and TPPPhoto: Alenka Žumbar

The Chinese company China Energy Engineering Group (CEEC) is to make a final decision by the end of this week regarding whether to invest in the project to construct the Kamengrad mine and thermal

EIB Opens Office in Sofia, Bulgaria

Date: 19.09.2017 Author: Tanja Srnovršnik Volarič
EIB Opens Office in Sofia, BulgariaPhoto: Roman Peklaj

The Bulgarian Prime Minister, Boyko Borissov, and the President of the European Investment Bank (EIB), Werner Hoyer, formally inaugurated the new EIB Group office for Bulgaria in Sofia on Monday.

Italian Enel Appoints New General Manager in Romania

Date: 15.09.2017 Author: Tanja Srnovršnik Volarič
Italian Enel Appoints New General Manager in RomaniaPhoto: Roman Pekljaj

The Italian energy group Enel has appointed Michele Abbate as the new general manager of Enel Energie and Enel Energie Muntenia, the two energy suppliers that the Italian group Enel owns in Romania,

Report: Further Pressure on Nuclear Operators in 2017

Date: 14.09.2017 Author: Tanja Srnovršnik Volarič
Report: Further Pressure on Nuclear Operators in 2017Photo: Rosatom

In addition to bankruptcy/bailout of historic nuclear giants such as Westinghouse and Areva, major nuclear utilities are facing erosion in the value of their shares and downgrading by credit-rating

IFC Loans EUR 19.1m for Serbian Alibunar Wind Park Project

Date: 14.09.2017 Author: Tanja Srnovršnik Volarič
IFC Loans EUR 19.1m for Serbian Alibunar Wind Park ProjectPhoto: www.pixabay.com

The International Finance Corporation (IFC), a member of the World Bank Group, is helping Serbia increase its supply of renewable energy by lending EUR 19.1 million to Elicio, a subsidiary of the

IEA Increases Oil Demand Growth for 2017

Date: 14.09.2017 Author: Tanja Srnovršnik Volarič
IEA Increases Oil Demand Growth for 2017Photo: Tanja S. Volarič

The International Energy Agency (IEA) has increased its estimated oil demand growth for 2017 to 1.6 million barrels per day, according to its latest oil report, published on Wednesday.

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