Macedonian project for a natural gas interconnection with Greece will likely further delay the already slow transition to renewable energy sources and could result in a…
Browsing: north macedonia
Fuel storage and transport company Oilko KDA raised its stake in local fuel retailer Makpetrol to 24.88% from 22.87% following a takeover offer. A total of…
Total net production of electricity in North Macedonia in January 2024 reached 563,425 MWh, which is 20% lower compared to the same month last year, according…
The governing board of the Climate Investment Funds, a climate fund delivering low-cost finance to over 70 developing countries, approved an $85 million investment plan presented…
Fuel retailer Makpetrol expects to generate a net profit of 873.1 million denars (14.2 million euros) in 2024, up 13% compared with a year earlier, the…
Electricity distribution operator EVN Macedonia, part of the Austrian group EVN, has put into operation an 11 MW photovoltaic power plant in Probistip. The planned annual…
Macedonia-based oil refinery Okta announced that its net profit declined by 65% in 2023 to 191.7 million denars (3.1 million euros). In the same period, the…
Fuel storage and transport company Oilko KDA has launched a takeover offer for fuel retailer Makpetrol. Oilko KDA is offering 67,001 denars (1,087 euros) per share,…
The European Bank for Reconstruction and Development (EBRD) is planning to grant EUR 98.6 million to North Macedonia’s state-owned company NOMAGAS to diversify natural gas supplies…
Macedonian Securities and Exchange Commission (SEC) has given the green light to fuel storage and transport company Oilko KDA to proceed with its planned takeover of…