Sponsored Content
Austria International Renewables Industry News
Read the latest headlines about developments in the international renewables industry in Vienna and Austria
Lopatka: "EU Enlargement is a Driver for Reforms and Rule Of Law"
State Secretary Lopatka on DARUM EUROPA information tour.
June 18, 2013
Changes at EVN: Reduction of the Board
The Supervisory Board of EVN AG has decided in its meeting on June 12th, not to fill the vacant position due to the retirement of the Member of the Board Herbert Pöttschacher.
June 13, 2013
Verbund to Write Off Gas Power Plants
During an analyst’s conference in London and after the closing of the stock exchange, energy company Verbund announced dampened earning prospects.
June 13, 2013
Verbund Puts Wind Farms in Romania into Operation
One of the largest onshore wind farms of Europe with a 225 megawatt capacity near the Black Sea coast.
June 13, 2013
Czech Republic: Russia to Offer Significant Investments in Return for Temelin Tender
Czech Prime Minister Necas emphasized on the transparency of the decision.
May 28, 2013
Romania to Enhance Shale Gas Production
Romania has announced to soon launch further tenders to increase the exploration of shale gas.
May 27, 2013
Poland: Hold on Tax to Attract Investors
Hydrocarbons tax on hold till 2020 to enhance investments in shale gas.
May 23, 2013
Bulgaria to Table Bill of Amendments in Energy Sector
New regulations will be drafted when caretaker government leaves office.
May 23, 2013
Bulgaria: CEZ to Keep License
Former PM Borisov had been critical of CEZ in Bulgaria. Energy Minister Vasilev annouced the power supplier would not lose its license.
May 13, 2013
Czech Republic: Extraordinary Income Boosts CEZ Results
Increase in net profits by 24 % results from revenues from the certificates and integrations.
May 8, 2013
Austria: EVN Results Expected to Be Below Estimates
EVN specifies expected consolidated Group net profit as of 09/30/2013
May 2, 2013
Verbund: Result Decreased Significantly by 40.3 %
Negative Earning Trend for Quarter 1/2013 in a difficult energy and general economic environment.
May 2, 2013
Turkey: CEZ Partner to Sell Stakes
CEZ's Turkish JV partner Akkok in talks about possible sale of its stake in SEDAS
April 30, 2013
EU Ready to Adopt Measures Over CEZ in Bulgaria
Van Rompuy promised to take actions during his visit in Prague.
April 29, 2013
Foreign Enterprises Complain About Romanian Policy Making.
Regulations in energy sector were changed overnight.
April 26, 2013
Verbund AG: Closing of The Asset Swap With E.ON
Verbund, Austria’s leading electricity company, and E.ON, one of the world’s largest energy providers, finalised the asset swap that was signed on 3 December 2012.
April 26, 2013
Czech Republic: New Rounds of Negotiations for Temelin Tender
Czech power provider CEZ has started another round of talks with bidders in the offer to extend the Temelin nuclear power plant in southern Bohemia.
April 24, 2013
EU Examines Bulgarian Electricy Market
On request of the Bulgarian Government, an expert group will examine the prices for electricity after the protests. Another issue is the independence of the energy regulator.
April 12, 2013
Law Files Against Bulgaria from EVN and CEZ.
Power Suppliers EVN, CEZ and Energo Pro have to face high losses. CEZ announced to file a law against Bulgaria as well.
April 3, 2013
EVN to Get Support by State Secretary
State Secretary Lopatka intervened in EVN’s dispute with Bulgarian government. He urges Bulgaria to ensure protection of investments.
March 29, 2013
Roiss: “A European Concept and Joint Investments Are Needed“
In an interview with the Austrian newpaper Kurier, CEO of OMV explains why Europe needs other sources of energy and why there is a growing competitive disadvantage compared with the USA.
March 25, 2013
EVN to Start Arbitration Procedure
Today, Austrian power supply company EVN informed the state of Bulgaria about opening arbitration proceedings.
March 19, 2013
Austria: EVN To Sell Devoll Hydropower To Statkraft A. S.
Agreement regarding the sale of EVN AG's stake in Devoll Hydropower ShA, a project entity for the construction of a hydro power plant in Albania, to Statkraft A.S.
March 14, 2013
Bulgaria: Caretaker Government Announced
Three weeks after the stepping down of Bulgaria’s right-of-center government, President Rosen Plevneliev put together an interim government.
March 12, 2013
Bulgaria: Latest Protests Against Privatizing of Railway
Protesters in three cities gathered to demonstrate against the privatization of the freight division of the Bulgarian state railroads (BDZ).
March 12, 2013
Bulgaria: EVN Under Surveillance
While the Austrian power supplier EVN is currently kept under surveillance of the Bulgarian judiciary and government, protests by the citizens all over the country continue.
March 11, 2013
Bulgaria: Electricity Rate to be Reduced by 7 %
Experts still fear that the reduction in electricity prices will not help stopping protests.
March 6, 2013
Verbund: Group Result Increased, Higher Dividend
EBITDA: +15.4% to €1.2bn | Group result: +9.4% to €389m | Recommended dividend: +9% | €0.60 per share.
March 6, 2013
Verbund AG: New appointments to the Executive Board
Peter Kollmann becomes new CFO of the Austrian energy supplier. CEO Wolfgang Anzengruber was confirmed.
March 5, 2013
Austria: Rise in Profits to be Expected for Verbund
Specialists predict a plus in profits while revenues receded by approx. 17 %.
March 5, 2013
Bulgaria: Protests About to Escalate
The political frustration of Bulgaria’s population comes to new high as the promised reduction of energy prices stays out.
March 5, 2013
Bulgaria: Eagles Briges Civic Association To Be Found in Sofia
Protesters are gathering in the Arena Armeets Hall to differentiate their pleas.
March 4, 2013
Bulgaria: Stop of Constructing Nuclear Power Plant in Belene
Together with Russia, Bulgaria stopped the controversial construction of a nuclear power plant in Belene close to the Danube.
March 1, 2013
EVN Suffers from Business in Bulgaria
In the first quarter of its business year 2012/13, the Austrian energy group recorded a decrease in net income. Outlook 2012/13: results from operating activities and Group net profit are expected to be below the prior-year level
February 28, 2013
CEZ: Czech Republic Calls Brussels for Help
After the Czech energy group CEZ has lost its license in Bulgaria, the Czech government wants Brussels to put pressure on Sofia.
February 25, 2013
Bulgaria Cuts Energy Prices
After heavy citizens´ protests, the Bulgarian government has lowered the energy prices by 8%. Moreover, the Czech energy group CEZ loses its license.
February 19, 2013
Schwarzenegger Calls for a “Sexy, Hip” Approach at the Vienna R20 Conference
Arnold Schwarzenegger called for an end to “doom and gloom” environmentalism and more of a “sexy, hip” approach at the Vienna R20 Conference.
February 1, 2013
Austria Plans Biggest Hydro Power Plant in its History
In Southwestern Styria, Verbund, Austrian Railways and the Styrian energy supplier EStAG want invest more than € 1.0bn in a new hydro power plant.
January 26, 2013
Austria: Regional Energy Providers Invest Massively in Renewable Energy
In 2013, the regional energy supplier Energie AG wants to invest € 180m. The Vienna-listed EVN group intends to increase its renewable energy portfolio by € 800m until 2020.
January 16, 2013
Verbund Posts Managing Board Positions
The Austrian energy group is looking for new management board members in the period from 2014 to 2018.
December 18, 2012
EVN to Enlarge Renewable Energy Production and Expand into Russia
The Vienna-listed energy producer wants to change its energy production portfolio. The hydro power, wind power and solar power production will be enlarged.
December 17, 2012
Energie Steiermark and Verbund Simplify Shareholding Structure
Verbund sells STEWEAG-STEG shares to Energie Steiermark and is buying Energie Steiermark’s shares in Verbund Thermal Power.
December 5, 2012
Verbund Focuses on Hydro Power
After the deal with German E.ON, the biggest Austrian energy company has a new core market and a new core product.
December 4, 2012
Verbund Sells Enerjisa to E.ON
Verbund, Austria’s leading utility, and E.ON, one of the world’s largest energy providers, have reached an agreement on an asset swap.
December 3, 2012
Verbund Leaves Turkey
The Austrian energy group sells its interest in Enerjisa to German E.ON. Verbund will re-focus on hydro power.
November 23, 2012
Czech Republic to Enlarge Nuclear Energy Production
Until 2014, the Czech Republic wants to double the share of nuclear energy production. The Temelin and Dukovany nuclear power plants will be enlarged.
November 9, 2012
Verbund: Better Results, Outlook Raised
In the first three quarters of 2012, the Austrian electricity company recorded an increase in revenues and net income.
October 24, 2012
Siemens Austria Builds Wind Power Plant in Turkey
The Austrian subsidiary of the German technology group has received a major order from Turkey.
October 20, 2012
Verbund Does Not Exclude Sale of Enerjisa
The Austrian energy company Verbund is said to withdraw from Turkey. However, further investments would be conceivable too, Verbund says.
October 12, 2012