Utilities

The latest utilities industry and company news and analysis from FriedlNews
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Austria: “Council of the Wise“ for Hypo Group

Instead of a parliamentary investigation committee the coalition expressed its wish to appoint a “Council of the Wise” for the the assessment of the ailing bank’s nationalization.

February 25, 2014

Czech Republic: New Government Confirmed

Seven weeks after the national elections, the Czech Social Democrats (CSSD) have agreed to form a coalition with ANO and the Christian Democrats (KDU-CSL).

December 11, 2013

Poland Leads Ranking of Top Enterprises in CEE

Credit insurance company Coface has for the fifth time published a study about the Top 500 enterprises in Central and Eastern Europe.

September 24, 2013

Poland: Warsaw Stock Exchange to Introduce WIG30

The new index covers thirty enterprises instead of formerly twenty and reduced the dominance of the banking industry.

September 23, 2013

Electricy Thieves Caused Losses for EVN in Bulgaria.

Austrian energy provider EVN lost € 800,000 because of electricity thieves.

August 27, 2013

Slovenia: Decrease of Net Electricity

In the seven months of 2013, Slovenia's total consumption of electricity decreased for less than 1% over the same period one year ago.

August 27, 2013

Czech Republic: New Elections Expected At the End of October

Prime Minister Petr Necas’ resignation leads to new elections soon. The Social Democrats, who want to introduce the Euro, are potential winners.

August 16, 2013

EVN: Transfer of Shares

EVN carries out and terminates release of own shares to employees.

August 8, 2013

Austria: Verbund to Take Austerity Measures

Only a few months ago, CEO of Verbund Wolfgang Anzengruber promised that “2013 will become the best year in the company’s history”. However, there have been bad news for the energy company ever since.

August 1, 2013

Austria: Operative Losses for Verbund

Quarters 1–2/2013: Verbund improves EBITDA and Group result considerably. In total, the water supply, asset swap and impairments have a favourable impact on results.

July 31, 2013