State-owned SEPS had record profit


The state-owned power grid administrator SEPS improved its sales 16% last year to €420m. Its net profit jumped 30% to €74.3m. The increases stem from high cross-border power transmission, which produced record-breaking revenues for SEPS. This year, it expects lower revenues and profits from this activity. SEPS emphasizes that its high profit is not the cause of high power prices in Slovakia, since the cross-border power transmission accounted for 60% of its profit and was paid for by foreign companies. Fees SEPS charges for grid operation are set by the regulator, ÚRSO. In 2016, SEPS’ fees for power transmission and system services accounted for 9.4% of the final power price.



Please reload

Táto správa je z Ekonomiky DNES, denného prehľadu najdôležitejších ekonomických správ zo Slovenska.

This news is from the Slovak Business News TODAY, one-page summary of all the important Slovak business news.

Chinese Zhenhua Data has been collecting information about Slovaks


Chinese firm Zhenhua Data has been collecting information about people and institutions from all over the world and providing it to Chinese institutio...

Security hole in eHealth


Ethical hacker Pavol Lupták and his Nethemba company have found a security hole in the eHealth app. He was able to download a list of 390,000 people t...

Bezpečnostná diera v eHealth


Etický hacker Pavol Lupták a jeho firma Nethemba odhalili obrovskú bezpečnostnú dieru v štátnej aplikácii eZdravie. Bol schopný získať zoznam 390.000...

Please reload

Copyright  © 1994 - 2019    Symsite Research         All rights reserved.