The report highlights the company's business stabilization after a loss of EUR 822 million in 2022. The company achieved a profit of EUR 117 million in 2023. This achievement was due to the compensation provided to the company by the government, increased electricity production, and reduced costs. HEP Group also continued its investment plan, with an emphasis on renewable energy sources and energy efficiency. The company completed investment projects in solar power plants and achieved a total connection capacity of 19.8 MW, with a value exceeding 20 million euros. In addition to completed investments, the report highlights the replacement of the connecting hot water pipeline in Osijek and the EUR 23.5 million smart network pilot project, both projects co-funded by the EU.
