Basic precondition for realizing the planned investments in modernizing the energy network and construction of new renewable energy sources is the stable economic climate, stressed Stefan Peter president of the Board of EVN
Macedonia, member of the newly formed Energy Association within the Macedonian Economic Chamber.
Under a decision of the Plovdiv Administrative Court, which is final and cannot be appealed, EVN
is imposed a fine by the State Commission for Energy and Water Regulation (DKEVR), for unauthorized offsetting amounting to BGN 25 M from the accounts of the state-owned supplier National Electric Company (NEK).
expects to set aside between EUR 3 million (USD 3.
Layr stressed no options could be ruled out when asked on the possibility of EVN
exiting the loss-making operation.
Energy demand in the coming period is going to increase by 2 percent and our investments correspond to these forecasts," said Werner Hengst, Chairman of the Management Board of EVN
The placement is contingent on the market situation, EVN
Construction company Alpine Mitte gave up its participation in the project in 2010 and partners in the project now are EVN
and Bulgarian power utility NEK.
Telecom said it must also provide a report on its WiMAX service trial, which began over a year ago in certain cities in the country.
With AOL Time Warner as the sole sponsor, EVN
offers a series of educational, training, and evaluative services that are geared towards entrepreneurs trying to expand their businesses by obtaining equity capital.
As of January 1, 2015, power distribution company EVN
Bulgaria will have a new Regional Manager, Robert Dick.