Power utility GEN posts record profits

Ljubljana – The GEN energy group is estimated to have generated a record net profit of EUR 80 million last year, around 25% more than the year before, with turnover up 36% to EUR 3 billion. The group highlighted its reliability despite market difficulties and its vision for decarbonisation, which includes a second nuclear power plant unit. The group exceeded its performance targets and ensured a reliable supply of electricity despite all the pandemic-related constraints, Martin Novšak, the director general of GEN Energija, the state-owned company running the Slovenian half…

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