Tag: CEDIS

French partnership opens new phase in Montenegro’s grid modernisation drive

Montenegro has launched a new phase of electricity network modernisation through a strategic partnership between national distribution system operator CEDIS, France’s development agency AFD...

CEDIS development plan signals major grid modernisation cycle across Montenegro through 2036

Montenegro is entering a new phase of electricity network modernization as the national distribution operator CEDIS advances a ten-year development strategy designed to reshape...

Montenegro’s power grid modernization is emerging as a core EU integration requirement

Montenegro’s energy transition will not be decided only by how many solar or wind projects are built. It will be decided by whether the...

CEDIS posts over €3 million profit in first nine months of 2025, driven by network revenues and lower losses

Montenegro’s electricity distribution company CEDIS reported a profit of over €3 million in the first nine months of 2025, which is €6.4 million higher...
Supported byVirtu Energy

CEDIS secures €329,000 EBRD grant to support smart grid modernization

Representatives of the Montenegrin electricity distribution system (CEDIS) have signed a €329,000 grant agreement with the European Bank for Reconstruction and Development (EBRD). The agreement...

Wildfires cause over €140,000 in damage, CEDIS teams work around the clock to restore power

The damage caused by wildfires has cost CEDIS over 140,000 euros, the company reported. They noted that Montenegro recently faced a major fire disaster, which...
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