Despite the ongoing military conflict, Ukraine signed a contract to buy gas from Russia at a reduced rate for the next t
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The state-owned Hungarian Electricity Works (MVM) purchased a 7.48 MW hydroelectric power plant in Romania to strengthen
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Slovakia
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Enel still intends to sell off Slovak assets
The Italian energy company has announced that despite its decision to stop selling off its assets in Romania the company
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Mátrai Erőmű plans to start construction of Hungary’s largest solar power plant. Construction of the 15 megawatt pl
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GDF Suez Energia Holding Hungary is selling its gas trade business to MET Magyarország. The price was not disclosed. Th
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Despite mounting pressure from the EU and US to cut ties with the Kremlin, Hungary confirmed plans to start construction
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Hungary
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Hungary defies EU over South Stream
Hungary’s president Viktor Orban has succeeded in pushing through legislation that would help Russia build the South S
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Czech Republic
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Westinghouse offers to co-finance Temelín expansion
Westinghouse, the US-Japanese consortium vying to expand the Czech nuclear power plant at Temelín, has offered to co-fi
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Hungary
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Orban continues fight for cheap energy
In a bid to keep Hungarian voters on his side, prime minister Viktor Orban has announced the establishment of a non-prof
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Hungary
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MOL-owned INA prepares for layoffs
The Croatian oil and gas company INA will set aside more than €13m to cover severance payments it will have to make fo
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The Slovak government wants to create a state-owned holding and buy the majority stake in the country’s dominant power
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Hungary is planning to take over ownership of Magyar Gaz Tranzit, the company reponsible for the gas pipeline between Sl
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Romania
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ADX Energy to invest €100m in Romania
ADX Energy wants to invest about €100m over the next five years in oil exploration and exploitation in the city Timis
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Czech Republic
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Babiš pushes ČEZ on Temelín expansion
Czech Finance Minister Andrej Babiš is pushing the state-run energy producer ČEZ to make a decision regarding the expa
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Fitch has refused to do a rating of Slovenské elektrárne (SE). The agency says that the power supplier refused to hand
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FTP Slovakia, a subsidiary of the Vietnamese investor FTP Software, is hoping to take over RWE IT Slovakia in Košice. T
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Slovakia
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Sberbank to finance Slovak power plants
Slovenské elektrárne, Slovakia’s largest power producer and distributor, secured a €870m corporate loan from Russi
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Rosatom is talking up its prospects for concluding an agreement with Hungary on the constrution of two new power blocks,
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Czech Republic
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Remon Vos says CTP is ready to tackle the 10 million sqm challenge
Today with 400 people, I think we could do more th
In a city dominated by smaller, cost-conscious com
The release of the Myslowice mine in the northern
