Deep 2020 loss for Slovenian energy sector

Ljubljana – The Slovenian energy sector posted a net loss of EUR 277.5 million at the end of last year, compared to a EUR 303.6 million profit in the year before. This is the worst result since 2015, shows a report by the Energy Chamber. The performance of the Šoštanj Thermal Power Plant (TEŠ) and its parent company, the power utility HSE, were the main cause of the loss. The year was also profoundly marked by the Covid-19 pandemic, which affected mostly the sales of petroleum products. Energy companies generated…

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