Tag: financial

EPCG to distribute 8.4 million euros in dividends – Montenegro, 21 September 2023

The shareholders of Montenegrin state-owned power utility EPCG approved the decision to distribute 30 % of the company’s net profit in 2021 as dividends. Since EPCG recorded a net profit in the amount of 28 million euros in 2021, a total of 8.4 million euros will be paid out as dividends. Gros Full article available […]

Revised electricity subsidy system to include income criteria – Greece, 19 September 2023

Greek Ministry of Energy is preparing a revised model of electricity subsidies that will offer consumers subsidies on a selective basis, taking into account criteria such as income, electricity usage levels, property ownership and, possibly, geographical location of consumers. This model is expected Full article available for subscribers of Energy NEWS service (PDF publications, energy […]

EPCG exported 130 million euros worth of electricity in the first eight months of 2023 – Montenegro, 19 September 2023

In the global context of rising electricity prices on international markets, Montenegrin state-owned power utility EPCG continues to demonstrate its market-oriented approach while making every effort to maintain price stability for the citizens of Montenegro. It is also important to note that Monten Full article available for subscribers of Energy NEWS service (PDF publications, energy […]