Browsing: energy companies

Milutin Đukanović, Chairman of the Board of Directors of Montenegro’s Electric Power Company (EPCG), emphasized that the energy sector cannot afford to delay decisions on energy…

Elektroprivreda Crne Gore (EPCG) reported a net profit of over 10.23 million euros after taxation for the previous year. The company’s total revenues reached approximately 440…

By the end of the year, the 55 MW Gvozd wind farm, financed with €82 million and supported by KfW Bank, will enter trial operation. Construction…

Montenegrin Minister of Energy and Mining, Admir Šahmanović, has requested comprehensive oversight of Elektroprivreda Crne Gore (EPCG), in response to concerns over the company’s expected weaker…

Elektroprivreda Crne Gore (EPCG) has announced results from its 3000+/500+ and 5000+ projects implemented between April 1, 2024, and March 31, 2025. These projects have engaged…

Six state-owned energy companies in Montenegro employed an average of 5,242 workers in 2024, and three of them reported a combined net profit of €50.7 million…

The management of the Electric Power Company of Montenegro (EPCG) initiated a workforce rationalization process last year, which is expected to continue this year, with the…

Elektroprivreda Crne Gore (EPCG) is entering the final phase of the environmental reconstruction and modernization of the Pljevlja thermal power plant with full operational and logistical…

The Minister of Mining, Oil, and Gas and Head of the Ministry of Energy, Mr. Admir Šahmanović, attended today’s meeting of the Board of Directors of…

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…