Drought didn’t stop energy investments. Tourist areas, a priority
20/09/2017 00:00
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“OSHEE will continue investments without any obstacle, based on the good performance”, declared Adrian Cela, OSHEE administrator. With the increased number of tourists, coastlines from north to south will be a priority. The OSHEE administrator also published the turnover for the first eight months of 2017, which have increased to 42.6 billion ALL, while losses […]
“OSHEE will continue investments without any obstacle, based on the good performance”, declared Adrian Cela, OSHEE administrator.
With the increased number of tourists, coastlines from north to south will be a priority.
The OSHEE administrator also published the turnover for the first eight months of 2017, which have increased to 42.6 billion ALL, while losses have dropped to 27.5%, although with a slower pace compared to the past years.
“When the reform started, the losses were 40%. The abuse level was so evident, that the first steps of recovery were very visible. Now there is not as much recovery, because there is not as much abuse. The level of abuse requires investments that bring not only non-technical losses, but also technical. The company needs to invest 350 million EUR a year to reach the 5% target in five years”, the OSHEE administrator said.
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