Tag: CGES

CGES approves €40 million grid deal for 488 MW Sinjajevina wind connections

CGES ownership stakes link Montenegro’s grid to Italy and Serbia

Montenegro funds substation upgrades via AFD loan and EU grant

Montenegro’s CGES Reports Decline in Q1 2026 Profit Amid Revenue Challenges

Montenegro’s Brezna Substation Modernization Enhances Renewable Energy Capacity

Montenegro: CGES reports €16.7 million profit in first nine months of 2025, slightly down year-on-year

Montenegro: CGES launches €36 million modernization of Brezna substation with EBRD and EU support

Montenegro: CGES declares 5 million euro dividend amid continued investment plans

Montenegro: CGES doubles Q1 profit in 2025 on higher revenues and stable costs

Montenegro: CGES reports decline in net profit for 2024, despite reduced operating expenses