Compared to 44.1 million euros profit recorded in the previous year, Montenegrin power utility EPCG recorded a net profit in the amount of 28.4 million euros…
Montenegrin oil company Jugopetrol’s operating revenues in the past year amounted to 158.5 million euros, which is 3.2 % lower compared to 2018, while its operating…
Montenegrin electricity transmission system operator recorded a net profit of 3.63 million euros in 2019, which is 13.2 % lower compared to a profit of 4.18…
Due to travel bans many subcontractors which are a part of necessary activities related to the planned exploratory drillings in the Adriatic Sea are currently unable…
The consortium will lease the land for 30 years and pay the state 16.5 million euros or about 550,000 euros annually. Montenegrin Ministry of Economy said…
The study for Krupac and Slano reservoirs is put for public consultation, as well as an assessment of the environmental impact for this project. According to…
UAE Minister of Energy Sultan bin Saeed Al Mansoori said after the meeting with Montenegrin Minister of Economy Dragica Sekulic that the country has very favorable…
Last year, 3.38 TWh of electricity was produced in Montenegro, which is 2.9 % less than the coun-try’s gross electricity consumption. According to the report on…
Director of the Coordinated Auction Office in South East Europe (SEECAO) Ivan Bulatovic said that the first effects of the commissioning of electricity cable to Italy…