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Shareholders to decide on profit distribution and key projects at upcoming EPCG and CGES meetings

Shareholders of Elektroprivreda (EPCG) and Crnogorski Elektroprenosni Sistem (CGES) are scheduled to hold regular meetings on June 28 and June 25, respectively, to decide...

CGES posts strong Q1 profit growth despite regulatory adjustments

Crnogorski elektroprenosni sistem (CGES), Montenegro’s electricity transmission system operator, reported a profit of €7.73 million for the first quarter of 2025—an increase of €3.83...

Montenegro’s electricity transmission operator CGES reports €24.8 million net profit

Montenegro’s electricity transmission operator CGES reported a net profit of €24.8 million for the past year, continuing its strong financial performance. The company has...

Montenegro’s key energy companies sign agreement for Consolidated Data Center (KDC) project

The key energy companies of Montenegro—Elektroprivreda (EPCG), the Montenegrin Electricity Distribution System (CEDIS) and the Montenegrin Transmission System (CGES)—signed a Letter of Intent today...
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CGES and Qair Montenegro sign agreement for solar power plant Rudine connection

Representatives of the Montenegrin Electricity Transmission System (CGES) and investor Qair Montenegro signed an agreement in Podgorica for connecting the Rudine Solar Power Plant...

Montenegro’s energy market development: Connecting with Europe and embracing renewable integration

The development of the energy market in Montenegro in recent years has been marked by significant steps toward integration into the European energy system....
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