Croatian state-owned power utility HEP announced that rating agency Moody’s affirmed its long-term credit rating of HEP (Ba2) and upgraded its outlook on HEP from stable to positive. Due to methodology and criteria used upon rating HEP, the upgrade ensued after the sovereign rating upgrade for Cr Full article available for subscribers of Energy NEWS […]
In the first quarter of 2019, Croatian oil company INA recorded net sales revenues increase of 15 % compared to the same period last year. The positive result was driven by the continuation of favorable hydrocarbon prices and increased sales. The company’s earning before interest, taxes, depreci Full article available for subscribers of Energy NEWS […]
Electricity distributor CEZ Distribution Bulgaria, a subsidiary of Czech energy company CEZ, recorded non-consolidated net profit in the amount of 2.7 million euros in the first quarter of 2019, compared to 5.7 million euros recorded in last year’s first quarter. The company’s operating revenues Full article available for subscribers of Energy NEWS service (PDF publications, […]