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…
Browsing: north macedonia
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…
Macedonia plans to stop buying electricity produced by the combined cycle power plant TETO Skopje in the future because it is a Russian investment. The country…
Five potential investors have submitted bids in a tender by natural gas transmission company Nomagas for the construction of the Macedonian part of a natural gas…
North Macedonia has prepared the first law and agreement on a strategic investment in renewable energy for the 70 MW Pehčevo solar power plant project. The…
A tender offering a contract for the construction of a gas pipeline linking the Greek and North Macedonian systems has attracted considerable interest, including companies from…
North Macedonia has ever-more-ambitious plans to increase the use of fossil gas. But these were developed before the recent energy crisis. In addition to the climate…
Gross electricity production in North Macedonia increased by 11.5% in November 2023 compared to the same month previous year, to 550,205 MWh. In the same period,…