[CLSTR]
API
< Back to situations

Monitor this situation.

[SITUATION] · [QUIET] · [BUSINESS]

2 clusters · 8 sources · 6 days · First seen · Last updated

Elektroprivreda Crne Gore financial performance

Overview

Elektroprivreda Crne Gore (EPCG) reported a consolidated net profit of 19.33 million euros for the first half of 2026. This represents a financial turnaround compared to a 30.50 million euro loss during the same period in 2025.

The company attributed this performance to increased operational efficiency and a reduction in operating costs, which fell to 134.6 million euros from 193.5 million euros the previous year. A significant factor was the decrease in electricity purchases on the wholesale market, which dropped to 16.2 million euros from 62.4 million euros in 2025.

Energy production was supported by the trial operation of the Pljevlja Thermal Power Plant and favorable hydrological conditions for hydroelectric plants, including HE Perućica and HE Piva. Despite lower water inflows in the second quarter, overall production remained strong.

Entities

Elektroprivreda Crne Gore · Elektroprivreda Srbije · HE Perućica · Montenegroberza · TE Pljevlja

Timeline

  1. [BUSINESS] 6 sources
    Elektroprivreda Srbije reports profit amid workforce decline

    Elektroprivreda Srbije reported a 17.5 billion dinar profit for H1 2026, though it faces a significant loss of highly qualified engineers and higher-than-expected retirement rates.

  2. [BUSINESS] 2 sources
    Elektroprivreda Crne Gore reports 19 million euro profit in H1 2026

    Elektroprivreda Crne Gore (EPCG) achieved a net profit of 19.33 million euros in H1 2026, reversing a major loss from the previous year through reduced costs and improved energy production.

Sources

6yka.com · biznis.me · biznis.rs · bor030.net · danas.rs · trend.com.hr · tvpljevlja.me · vreme.com