Tag: energy companies

Montenegro’s state-majority energy companies show positive results in 2024 despite declining profitability

The overall net performance of Montenegro’s state-majority energy companies in 2024 remained positive, but financial results deteriorated compared to 2023. Business risks across the...

EPCG Chairman highlights AI and strategic planning as keys to Montenegro’s energy transition

Milutin Đukanović, Chairman of the Board of Directors of Montenegro’s Electric Power Company (EPCG), emphasized that the energy sector cannot afford to delay decisions...

EPCG reports strong financial results and advances wind farm development

Elektroprivreda Crne Gore (EPCG) reported a net profit of over 10.23 million euros after taxation for the previous year. The company’s total revenues reached...

EPCG accelerates energy transition with wind, solar and battery storage projects

By the end of the year, the 55 MW Gvozd wind farm, financed with €82 million and supported by KfW Bank, will enter trial...
Supported byVirtu Energy

Energy Minister requests full oversight of EPCG operations amid expected financial strain

Montenegrin Minister of Energy and Mining, Admir Šahmanović, has requested comprehensive oversight of Elektroprivreda Crne Gore (EPCG), in response to concerns over the company’s...

EPCG announces strong results from renewable energy projects, boosting savings and sustainability in Montenegro

Elektroprivreda Crne Gore (EPCG) has announced results from its 3000+/500+ and 5000+ projects implemented between April 1, 2024, and March 31, 2025. These projects...
Supported byClarion Energy
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