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19-10-26
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Balance sheet 2019, OSHEE addresses speculation on financial result

TIRANA, Jan 17 /ATA/ The inevitable cost as a result of energy coverage through import, as well as the enforcement of court rulings, have led to deterioration of the company’s annual financial results, but have not affected the targets set in relation to reduction of losses, increase of collections and contribution to the state budget through taxation / taxes, ”OSHEE (Energy Distribution Operator) said in response to speculation on the financial result for 2019.

Energy Distribution Operator has closed the balance sheet of the main economic and financial indicators for 2019, considered as the most difficult due to prolonged drought, which led to the lack of production by the Drin cascade and private HPPs.

From the data of these indicators, OSHEE points out that losses in the distribution grid in 2019 dropped to 21.7% (when the WB target is 23%), while a year earlier they were 23.9%.
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