Serbia: CWP Europe commissions 6 MW rooftop solar system at Henkel facility

CWP Europe has completed and commissioned a 6 MW rooftop solar installation at Henkel Serbia’s Krusevac facility. The project, developed in partnership with Resalta and financed by UniCredit Bank, was delivered under an ESCO model, with CWP Europe serving as the principal investor. The system is now fully operational and is expected to generate approximately […]

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Romania: Rompetrol Rafinare posts strong H1 2025 performance with higher production and exports

Rompetrol Rafinare reported strong operational and financial performance in the first half of 2025, driven by higher feedstock processing and increased fuel sales both domestically and internationally. The company continued to support fuel security in Romania and the wider Black Sea region. Combined crude and feedstock processing at the Petromidia and Vega refineries reached approximately

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Region: Russian oil deliveries to Hungary and Slovakia halted after Druzhba pipeline strike

Crude oil deliveries from Russia to Hungary and Slovakia through the Druzhba pipeline were suspended on Monday after damage occurred at a transformer facility, officials from both countries confirmed. The Druzhba route, which passes through Belarus and Ukraine, remains Hungary’s main channel for crude imports and also supplies Slovakia. Hungarian authorities reported being informed that

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Croatia: Electricity output falls in June 2025 as imports and petroleum production rise

Croatia’s net electricity production in June 2025 amounted to 905 GWh, marking a 5.3% decrease compared to 956 GWh in June 2024, according to short-term energy statistics published by the Croatian Bureau of Statistics. Hydropower plants generated 370 GWh, accounting for 38.7% of total output. Thermal power plants produced 74 GWh (7.7%), wind farms 212

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Bosnia and Herzegovina: Revised environmental assessment clears path for Dubovik solar power plant

A revised preliminary environmental impact assessment for the Dubovik solar power plant has been released for public review following an uncertain legal dispute over the concession award. The project is led by local companies GTI and SunnyFox, which secured the concession in November 2024. A lawsuit challenging the award was filed by a consortium including

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Serbia: Pozega fuel depot to expand with two new tanks for the first time since 1999 reconstruction

For the first time since its reconstruction following the 1999 NATO bombing, the fuel storage site near Pozega is set to add two new tanks, each with a capacity of 2,500 cubic meters. The expansion is included in an Urban Development Project currently on public display by the Municipality of Pozega. The Pozega depot originally

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IMF urges Serbia to adopt annual electricity price adjustments to stabilize energy sector

The International Monetary Fund (IMF) resident representative in Serbia, Lev Ratnovski, stated that electricity prices should be adjusted annually based on inflation and underlying energy-sector costs. Implementing an annual pricing formula would help avoid sudden, large increases, provide consumers with greater predictability, and support suppliers in maintaining reliable, high-quality service for households and businesses. During

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Serbia: EPS reports €234 million H1 2025 profit as coal, hydropower and renewables drive performance

The company reported continued progress in both production and financial performance, highlighting strong results in its mining division. Coal output exceeded the planned target by 8 percent and was 7 percent higher than in the same period of 2024. To maintain this momentum, EPS is advancing mechanization works at the new Kolubara pit Radljevo, enabling

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Romania: Romgaz H1 2025 net profit falls 8.6% as gas deliveries and market share rise

Romgaz posted a consolidated net profit of 336 million euros in the first half of 2025, a decline of 8.6 percent compared to the same period in 2024, representing a drop of 31.6 million euros. However, second-quarter profit rose 23.04 percent year-on-year. National gas demand grew by about 4 percent in the first six months

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