Končar Group reported consolidated sales of 636.8 million euros in the first half of 2025, marking a 33% increase compared to the same period last year. Exports accounted for 71.5% of total revenue. The book-to-bill ratio stood at 1.4, pushing the order backlog to a record-high 2.3 billion euros. Net profit rose to 129.2 million […]
New records were set on CROPEX’s intraday continuous and intraday auction markets in July 2025. The trading volume of 60-minute products reached 239,472.8 MWh, while the total monthly volume on the intraday continuous market, including 15-minute products, amounted to 288,659.6 MWh. The trading volume for IDA2 reached 10,465.6 MWh. These record-breaking results on the intraday
Croatia: CROPEX sets new trading volume records on intraday markets Read More »
The Professio Energia group reported consolidated revenues of 15.57 million euros in the second quarter of 2025, while the parent company posted 2.16 million euros in non-consolidated sales. The performance was largely driven by electricity production from the Rudine, Danilo, and Mazin 2 wind farms, operated by VE Rudine, RP Global Danilo, and Liburana, respectively.
Croatia: Professio Energia posts strong Q2 results on rising wind output Read More »
In July 2025, a total of 1,295,659.5 megawatt-hours (MWh) of electricity was traded on the Croatian energy exchange CROPEX, marking a 7.6 percent increase compared to June. Of the total volume, 1,006,999.9 MWh was traded on the day-ahead market, while 288,659.6 MWh was traded on the intraday market. Compared to July 2024, overall trading volume
Croatian state-owned oil transportation company JANAF continued its steady growth in the first half of 2025, as reflected in its financial performance. The company generated total revenues of 69 million euros, with income from core activities rising by nearly 4 % year-on-year to 64.9 million euros. Gross profit for the first six months amounted to
Croatian oil company INA and Energean have agreed to invest in the development of the Irena gas field, located in the northern Adriatic within the Izabela exploration block. The total capital investment is set at €71 million, with Energean contributing €50 million and INA providing the remaining €21 million. Energean holds a 70% working interest
Croatia: INA and Energean to invest €71 million in Irena gas field development Read More »
Croatia’s INA Group posted a net profit of €54.3 million for the first half of 2025, reflecting a 21% increase compared to the same period last year. The growth was driven by higher natural gas prices, increased retail sales, expanded customer services, and stronger non-fuel margins. Revenues rose to €1.84 billion, marking a 5% year-on-year
Croatia: INA Group reports strong H1 2025 results with 21% profit growth Read More »
On 29 July, a total of 231,827 Guarantees of Origin (GOs) were sold in auctions organized by HROTE and ENNA Next. These auctions were conducted in five parallel sessions via CROPEX’s IT trading platform, covering GOs from wind, biogas, and solar power sources.
Croatia: Summary of Guarantees of Origin auctions for electricity held on 29 July Read More »
In late April, Austrian renewable energy company RP Global began construction of the 21 MW Novalja solar power plant on the Croatian island of Pag. This project is set to become the largest solar facility in Croatia to date. The European Bank for Reconstruction and Development (EBRD) is supporting the development with a senior, non-recourse
Croatia: RP Global begins construction of largest solar power plant with EBRD backing Read More »
HROTE, ENNA and CROPEX have announced new auctions for guarantees of origin (GOs), scheduled to take place on 29 July 2025. The auctions will offer GOs from wind, solar, and biogas sources. HROTE plans to sell a total of 201,741 guarantees of origin for electricity generated under the incentive system during the second quarter of
Croatia: HROTE, ENNA and CROPEX to hold new green energy GO auctions on 29 July 2025 Read More »
