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Tags: Pescara

Revenues from submarrine cable exceed €7 million

Revenues from submarrine cable exceed €7 million

Montenegrin Electricity Distribution System revenues totaled €37.306.530 in nine months, which represents a 20% decrease on the same period of 2019. When it comes to the undersea cable, Distribution system made a profit of €3.8 million from the allocation of cross-border capacities.     Total revenues exceed €7 million. During the coronavirus pandemic, Montenegrin Electricity… READ MORE

Electricity from Montenegro goes to Greece, Malta, France

Electricity from Montenegro goes to Greece, Malta, France

Italian energy company Terna, which implemented energy connection project will continue to invest in Montenegro. As stated in the half-year report produced by Terna, Montenegro is likely to see additional investments in energy infrastructure, which would finally result in greater development of energy market. Terna is expanding its network towards France. Increase in the interconnection… READ MORE