Saturday, 30th August 2025

Elektroprivreda Crne Gore (EPCG)

Perućica Hydropower Plant Gets Permit—65 Years Later

In a story that sounds almost too Kafkaesque to be true, Montenegro’s oldest hydropower plant, HE Perućica, has finally received its official operating permit—65...

Montenegro and Norway Join Forces on Green Energy

Montenegro’s state utility EPCG and Norway’s NTE Energy have inked a Memorandum of Understanding to deepen cooperation on renewable energy development.  The agreement, signed 30 July, paves...

Pljevlja’s Coal Mine Defies Expectations

In a remarkable first-quarter performance, Montenegro’s Coal Mine Pljevlja posted a profit of €6.28 million—up 70% compared to the same period last year. Despite delivering...

Pljevlja Power Plant Ecological Overhaul

In a pivotal moment for Montenegro’s energy landscape, the Pljevlja Power Plant enters the final phase of its €70 million ecological overhaul. The ambitious modernisation...

Montenegro Advances Green Energy with Hyundai and UGTR Renewables

In a landmark step towards a sustainable future, representatives from Elektroprivreda Crne Gore (EPCG), Hyundai, and UGTR Renewables met this week to strengthen their...

EPCG and Jaroslav Černi Institute Partner on Kruševo Hydropower Project

Elektroprivreda Crne Gore (EPCG) has signed a contract with the "Jaroslav Černi" Institute for the design and execution of detailed geological work for the...

Energoinvest Delegation Holds Key Meetings in Montenegro

A delegation from Energoinvest d.d. Sarajevo, led by Director Mirza Ustamujić and the head of the company's Montenegro office, Elvir Hodžić, held a series...

Montenegro’s EPCG Invests €42.66 Million in Energy Sector, Focuses on Renewables

This marks a slight decrease from the previous year's €47.3 million. Key investments include €16.13 million in the "Solar 3000+" and "Solar 500+" projects,...

Energy Sector Dominance

Diversity and forward-thinking investments define Slovenia’s energy sector. The nation has made significant strides in renewable energy, with hydropower, solar, and wind at the...

EPCG Reports €52.4 Million Net Profit for 2023

Electroprivreda Crne Gore (EPCG) has announced a net profit of €52.4 million for the year 2023, marking a significant financial achievement for the Montenegrin...

Bosnian Arms Maker Reports Profit Surge

Bosnia’s defense industry is quietly strengthening. BNT TMIH, a state-owned arms manufacturer, announced a 71% rise in net profit...

Serbia Bets on AI to Transform Tourism Industry

Serbia’s Chamber of Commerce has opened applications for a landmark programme designed to drive artificial intelligence into the heart...

Končar Taps Hyundai Partnership to Power Asian Market Expansion

Croatia’s Končar – Motors and Electrical Systems has struck a major deal with South Korea’s HD Hyundai Electric, marking...

Serbia’s Digital Boom: IT Service Exports Hit €2.21bn in Just Six Months

Serbia’s IT sector is on a sharp upward trajectory, with exports of information and communication technology (ICT) services reaching...

Green Giant Docks in Koper: BYD Shenzhen Ushers in a New Era of Car Shipping

The Port of Koper welcomed a futuristic visitor last week — BYD Shenzhen, one of the world’s largest and most...
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