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Under the new ownership, Famar plans to make substantial investments in Greece to expand both its R&D and sterile manufacturing capabilities

The upgrades will also enhance energy efficiency and reduce losses in the distribution grid, saving about 31 800 tonnes a year of carbon dioxide equivalent emissions

The proceeds from the issuance will be used to refinance the company’s existing Eurobond due in 2025 and for general corporate purposes, enabling Ulker to meet its green targets of reducing Scope 1 and 2 greenhouse gas emissions by 42% by 2030, and Scope 3 emissions by 25% by 2030

Feka, which has supply contracts with leading international car manufacturers such as Toyota, Volkswagen and Stellantis, will use the funds to improve its overall efficiency and increase the availability of reliable lighting devices to customers around the world

The proceeds of the loan will enable the construction and operation of the large-scale solar plant in north-eastern Bulgaria, and the addition to the national electricity system of 112,5 MW of new solar generation capacity

The SMEs will be entitled to receive 10% grants for investments that are completed successfully in renewables or combined energy efficiency and renewable energy projects or 5%grants for projects involving technologies that are exclusively energy efficient

The EBRD’s investment will be used to finance the construction of Lantmaennen Unibake Romania’s new state of the art bakery facility in Bucharest, which will serve as a central production hub supplying countries in Central and Southeast Europe

Industry 4.0, defined as smart manufacturing and supported by the Industrial Internet of Things (IIoT), is affecting entire global production, including Serbian industry. The fourth industrial revolution is relatively slowly (and with a serious delay compared to the most high-tech economies in Europe and the world) but steadily developing in the country according to local and international experts

Young entrepreneurs will gain access to finance and overcome the barriers created by insufficient collateral, limited credit history and lack of business experience

The Western Balkan governments bear the primary responsibility for speeding up the deployment of sustainable energy, improving energy efficiency, phasing out fossil fuels and ensuring an inclusive, bottom-up just transition planning process