The renewable energy landscape in Montenegro is undergoing significant transformation as the latest draft transmission system rules from Crnogorski elektroprenosni sistem introduce a new economic framework.…
Browsing: CGES
Montenegro is enhancing its role in the Western Balkans electricity system through a significant investment by the Crnogorski elektroprenosni sistem (CGES) and the European Bank for…
The ongoing energy project backed by the European Bank for Reconstruction and Development (EBRD) in Montenegro is under scrutiny as local residents express dissatisfaction with the…
Montenegro’s power transmission company has announced the distribution of dividends based on its 2024 profits. The total gross dividend amounts to €5 million, with a gross…
Montenegro’s state-owned energy companies—EPCG, CEDIS and CGES—invested a total of €105.3 million in 2024 in generation capacities, distribution, and transmission infrastructure, according to the 2024 Energy…
Crnogorski Elektroprenosni Sistem (CGES), Montenegro’s electricity transmission system operator, reported a net profit of €12.9 million in the first half of 2025, up €2.83 million compared…
Shareholders of Elektroprivreda (EPCG) and Crnogorski Elektroprenosni Sistem (CGES) are scheduled to hold regular meetings on June 28 and June 25, respectively, to decide on the…
Crnogorski elektroprenosni sistem (CGES), Montenegro’s electricity transmission system operator, reported a profit of €7.73 million for the first quarter of 2025—an increase of €3.83 million, or…
Montenegro’s electricity transmission operator CGES reported a net profit of €24.8 million for the past year, continuing its strong financial performance. The company has recorded significant…
The key energy companies of Montenegro—Elektroprivreda (EPCG), the Montenegrin Electricity Distribution System (CEDIS) and the Montenegrin Transmission System (CGES)—signed a Letter of Intent today for strategic…
