belgrade power plants

CLS urges Belgrade authorities to cancel planned 6.4% heating price hike

The Center for Local Self-Government (CLS) has urged Belgrade city authorities and Belgrade Power Plants to cancel the planned 6.4% increase in heating prices. CLS Director Nikola Jovanović stated that the increase is unjustified, noting that Belgrade Power Plants are expected to earn a profit of 66.5 million dinars this year. He also highlighted that between 2014 and 2023, the company recorded a net profit of 37 billion dinars. Jovanović emphasized that there are opportunities for cost savings within the…