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HEP Grupa is Croatia's state-owned, vertically integrated national energy company: it generates electricity (hydropower-dominant, plus a 50% stake in the Krško Nuclear Power Plant in Slovenia, the Plomin coal plant (wholly HEP-owned since 2017, after the RWE joint venture ended in 2015), and a growing wind/solar portfolio), operates the national electricity transmission and distribution grid via HEP ODS, and supplies electricity, district heat, and gas to Croatian customers.
Every exposure is read as a buyer dependency; the top 3 are its binding chokepoints.
As a buyer, policy pressure across its consumed materials is rising.
Descriptive trend in official policy actions on this company’s materials — a policy-pressure trend, not a price or trading signal. No forward probability is implied. Direction is measured on actions we have discovered, and discovery lags events: where the recent window is too thin to support a calm reading, the row says coverage-limited instead of easing.
No actions in the register have named or swept this company in the last 24 months.