Bosnia and Herzegovina

Bosnia and Herzegovina: RiTE Gacko reports return to profit with €290,000 net income in H1 2025 Read More »

Bosnia and Herzegovina: RiTE Gacko reports return to profit with €290,000 net income in H1 2025

Coalmine and Thermal Power Plant (RiTE) Gacko reported a net profit of approximately 290,000 euros, a significant improvement compared to a loss of 11.8 million euros during the same period last year. The company’s total revenues in the first half of the year reached 45.8 million euros, reflecting an 11.5% increase year-on-year. Meanwhile, total expenses

Bosnia and Herzegovina: EPBiH posts €23.3 million loss in first half of 2025 despite revenue growth Read More »

Bosnia and Herzegovina: EPBiH posts €23.3 million loss in first half of 2025 despite revenue growth

Bosnia and Herzegovina’s state-owned power utility, EPBiH, reported a net loss of approximately 23.3 million euros in the first half of 2025, a deeper deficit compared to the 13.7 million euros loss recorded during the same period in 2024. During the first six months of 2025, the company generated total revenues of 381 million euros,

Bosnia and Herzegovina takes key step toward EU energy market integration with new electricity law Read More »

Bosnia and Herzegovina takes key step toward EU energy market integration with new electricity law

President of the Bosnia and Herzegovina CIGRE Committee, Zijad Bajramović, has described the recent adoption of the law on the regulator, transmission, and electricity market as a crucial milestone in the country’s alignment with the European Union’s integrated energy market. The new legislation marks progress in fulfilling Bosnia and Herzegovina’s international obligations, establishing a framework

Bosnia and Herzegovina: Financial losses and operational challenges hit RiTE Ugljevik in first half of 2025 Read More »

Bosnia and Herzegovina: Financial losses and operational challenges hit RiTE Ugljevik in first half of 2025

The largest electricity producer in the Republic of Srpska (RS), the coalmine and thermal power plant RiTE Ugljevik, recorded a loss of 13.8 million euros in the first half of 2025, increasing its total accumulated loss to 91.5 million euros. According to the interim financial statement, total revenues for the period reached 34.3 million euros,

Bosnia and Herzegovina: Sun Electricity seeks concession for €117.5 million solar power plant in Nevesinje Read More »

Bosnia and Herzegovina: Sun Electricity seeks concession for €117.5 million solar power plant in Nevesinje

Local company Sun Electricity has submitted a request to the Government of the Republic of Srpska for a concession to develop a solar power plant near Nevesinje, in the Herzegovina region. The proposed project, named Zlatac 1, is estimated at €117.5 million. The plant would have an installed capacity of 110 megawatts and is expected

Europe: ERS rules out electricity price hike in Republic of Srpska Read More »

Europe: ERS rules out electricity price hike in Republic of Srpska

Luka Petrovic, General Director of the state-owned power utility ERS, announced that there are no plans to increase electricity prices in the Republic of Srpska. He emphasized that the electricity system is expected to remain stable in the coming period, eliminating the need for any price adjustments. Petrovic highlighted that ERS has implemented several measures

Bosnia and Herzegovina: Bosanski Brod oil refinery reports €15.3 million net loss in first half of 2025 Read More »

Bosnia and Herzegovina: Bosanski Brod oil refinery reports €15.3 million net loss in first half of 2025

The financial report for the first half of 2025 shows that the Bosanski Brod oil refinery incurred a net loss of €15.3 million, increasing its total accumulated losses to approximately €467 million. During the first six months of 2025, turnover rose to €13.3 million, up €5.1 million compared to the same period last year. However,

Bosnia and Herzegovina: Republic of Srpska considers 40% increase in electricity distribution network fee Read More »

Bosnia and Herzegovina: Republic of Srpska considers 40% increase in electricity distribution network fee

Distribution companies in the Republic of Srpska (RS) have formally requested a 40% hike in the electricity distribution network fee. Vladislav Vladičić, Chairman of the Regulatory Commission for Energy (RERS), confirmed that the proposal has been submitted. The Commission’s next meeting is scheduled for July 31, but it is still uncertain if the fee increase

Bosnia and Herzegovina reports decline in gross electricity production in May 2025 amid shift in energy mix Read More »

Bosnia and Herzegovina reports decline in gross electricity production in May 2025 amid shift in energy mix

According to the Agency for Statistics of Bosnia and Herzegovina (BiH), the country’s gross electricity production in May 2025 amounted to 830 GWh, down from 1,072 GWh in the same month last year. Hydropower plants contributed 36.3% to the total gross production, thermal power plants accounted for 51.8%, and solar and wind power plants made

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