All permits for NPP Akkuyu to be obtained by October – Turkey, 27 April 2017

Russian State Atomic Energy Corporation – Rosatom, which is in charge of the construction of Turkey’s first nuclear power plant Akkuyu, announced that all permits for the plant will be ready by October this year. Atomstroyexport, a subsidiary of Rosatom, has held a tender for the development of technical requirements to prepare the ground with […]

EBRD invested 800 million euros in green projects in the past ten years – Serbia, 27 April 2017

Director of the European Bank for Reconstruction and Development (EBRD) for Serbia Daniel Berg and climate finance associate Ana Bachurova said that the Bank has invested about 800 million euros in environmentally-friendly projects in Serbia in the 2006-2016 period. They stressed that in 2016 alone, investments in green projects accounted for 39 % of EBRD’s […]

MVM recorded 155.4 million euros net profit in 2016 – Hungary, 27 April 2017

A state-owned energy company Hungarian Electricity Works (MVM) recorded a consolidated net profit in the amount of 155.4 million euros in 2016. The company’s revenues reached 3.3 billion euros in the previous year, while its earnings before interest, taxes, depreciation and amortization (EBITDA) reached 355.6 million euros. In 2016, MVM paid over 417 million euros […]