Polish investment fund Polish Investments for Development (PIR) will co-finance the construction of a PLN 600 mln power plant project, to be located in northern Poland, with the Municipal Enterprise of Heat Supply (MPEC), as was discussed on a Polish Private Equity and Venture Capital Association meeting Feb. 13. ...

Bulgarian energy company Energo-Pro Grid AD was fined by consumer watchdog, the Commission for Protection of Competition (CPC), to the tune of BGN 266,000 for engaging in unfair market practices. ...

Contracts signed with Poland’s LNG incumbent, PGNiG, have been found to contain clauses which are detrimental to the liberalization of the natural gas market, competition and consumer watchdog, UOKiK, announced on Jan. 27. ...

Czech power giant CEZ, which operates in Bulgaria, announced plans to sue the Bulgarian energy regulator over electricity price cuts imposed from the start of 2014, the local media reported on Jan.2. ...

The Slovakian Economy Ministry announced that it has closed negotiations with Russian energy giant, Rosatom, on its entry into a project to build a nuclear facility at Jaslovske Bohunice, the local media reported on Dec. 30, 2013. ...

A fresh deal signed between Russia and Ukraine to cut gas prices has highlighted to disparity between prices for LNG delivers quoted by Russian Gazprom to Ukraine, compared with the rest of the region, the Polish media reported on Dec. 17. ...

Slovakia and Ukraine have agreed on the terms of a memorandum for the delivery of LNG from the EU, via Slovakian pipelines, to Ukraine, Slovakian pipeline operator Eustream announced, Dec. 9. ...

The Serbian government announced that it is on the verge of launching the construction of the long awaited South Stream pipeline, due to run from Russia across Southern and Central Europe. ...

In the most recent installment of the continuing conflict between Romanian President Traian Basescu and Prime Minister Victor Ponta, the President openly blamed the Prime Minister for Romania’s loss of the Nabucco West Azeri natural gas project, the local media announced, Oct. 22. ...

Czech power incumbent CEZ is under investigation by the anti-corruption police for alleged irregularities in the sale of its subsidiary I&C Energo to Hungarian oil and gas group MOL, internet daily the Prague Monitor reported, September 9. ...