Gazprom open for dialogue on TurkStream project – Turkey, 28 June 2016

Official spokesman of the Russian gas company Gazprom Sergey Kupriyanov said that the company is open for a dialogue with Turkey regarding the resumption of TurkStream gas pipeline project. Earlier this week, Turkish President Recep Tayyip Erdogan offered his apologies to Russian President Vladimir Putin regarding the shooting down of Russian warplane in November last […]

NIS approved dividend payout of 0.2 euros per share – Serbia, 28 June 2016

The shareholders of Serbian oil company NIS have approved the dividend payout in the gross amount of 32.6 million euros or about 0.2 euros per share, which represents 25 % of the net profit the company recorded in 2015. This is the fourth consecutive year in which NIS pays dividends. Net dividend amounts to about […]

Romelectro won 7.5 million euros contract in Kosovo – Romania, 28 June 2016

Romanian company Romelectro has won an international tender for the construction of high-voltage transmission lines organized by Kosovo’s electricity transmission system operator KOSTT. The project is worth 7.5 million euros and it will be financed by the European Bank for Reconstruction and Development (EBRD). The works in question include the construction of five key sections […]