In response to media reports linking certain energy sector companies with entities on the U.S. “blacklist,” the Ministry of Energy and Mining has taken action by…
Browsing: energy companies
State-owned electro-energy companies in Montenegro, totaling five, have distributed over 6.5 million EUR in donations and sponsorships over the past six years, alongside a notable increase…
Montenegro’s Electricity Exchange (BELEN) was founded in 2017 and has primarily functioned as a wholesale marketplace for electricity trading, indirectly influencing consumer prices paid by households,…
In the first quarter, the distribution network recorded a decrease in electrical energy losses to 11.62 percent, marking an improvement compared to the 12.27 percent reported…
The executives of Elektroprivreda (EPCG) and the Montenegrin Power Transmission System (CGES), Ivan Bulatović and Ivan Asanović, officially sealed a deal today for the development of…
Montenegro’s Electric Transmission System (CGES) achieved an unprecedented profit of €35.7 million last year, as announced by Aleksandar Mijušković, the Chairman of the Board of Directors.…
The EPCG group is anticipated to report a profit before tax of over 80 million euros for the previous year, as stated by Milutin Đukanović, the…
Engineering communication, especially within industrial and energy companies, plays a critical role in the efficient and safe operation of these businesses. Effective communication in these sectors…
Montenegro Power Company (EPCG) concluded the past year with its best business results ever, and the profit will amount to between 70 and 80 million euros,”…
Montenegro intends to apply for financing from the European Union’s Growth Plan for the Western Balkans with large hydropower plant projects and upgrades of transmission and…


