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Electrifying progress: Integration of unit A8 at Piva hydroelectric power plant marks a milestone

The executives of Elektroprivreda (EPCG) and the Montenegrin Power Transmission System (CGES), Ivan Bulatović and Ivan Asanović, officially sealed a deal today for the...

French companies eye infrastructure projects in Montenegro

French companies have shown interest in participating in infrastructure projects in Montenegro, with the government already holding discussions with Bouygues Construction, which has expressed...

Montenegrin Power Utility (EPCG) reports strong financial performance in 2023

Last year, the Montenegrin Power Utility (EPCG) achieved a pre-tax business result totaling EUR 65.87 million. After taxation, EPCG reported a net result of EUR...

Montenegro’s energy market integration: Toward European connectivity and market growth

Montenegro's Ministry of Energy has recently initiated the process of connecting its day-ahead electricity market to the unified European energy market, in line with...
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Resolution of Bilećko lake dispute initiated by Montenegrin government

The longstanding issue surrounding the utilization of the water resources of Lake Bileća may finally see progress this year, according to hopes from both...

Montenegro’s EPCG group forecasts profit surge

The EPCG group is anticipated to report a profit before tax of over 80 million euros for the previous year, as stated by Milutin...
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