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Expansion of the Trans-Balkan Electricity Corridor in Serbia continues with EU financing
A loan agreement for the WBIF project Trans-Balkan Electricity Corridor: Obrenovac – Bajina Basta Grid Section in Serbia was recently signed by the Minister of Mining and Energy Zorana Mihajlovic, the Minister for European Integration Jadranka ... more

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Serbia cuts EUR 3,2 billion deal with CRBC for environmental protection projects
The Serbian government has awarded EUR 3,2 billion worth of contracts to China Road and Bridge Corporation (CRBC) to build wastewater treatment plants in 65 municipalities across the country. CRBC, a subsidiary of state-owned giant China ... more

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Water sector in Serbia
Serbia has relatively substantial surface water resources. Large international rivers (the Danube, the Tisa and the Sava) and small transboundary rivers account for 90% of all surface water resources that amount to some 162 billion m3 per annum. The ... more

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Metallurgy in Romania
The global steel industry is facing an overcapacity in production of over 700 million t, and the governments of steel-producing states are looking for solutions to keep the companies and their employees under the circumstances of declining ... more

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Implementing the European Green Deal in SEE
The European Green Deal, which was presented by the European Commission at the end of 2019, requires a comprehensive transformation of the economy through decarbonisation by 2050. The realisation of climate neutrality on the European continent ... more

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Potential for growth in the Western Balkans’ machinery sector
For all of the Western Balkan countries, the EU is the leading trade partner accounting for almost 70% of the region’s total trade, while the region’s share of overall EU trade is only 1,4%. Trade with the region has grown by almost 130% over the ... more

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Energy sector development in Turkey
Turkey is a fast-growing economy with rapidly increasing energy demand. However, by implementing a variety of interlinked measures, the country’s energy reforms have provided the needed energy security. Among others, these measures include the ... more

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North Macedonia to comply with EU energy acquis thorough ESCO projects
Thanks to a new Energy Efficiency Law that the country passed at the end of February, Energy Savings Performance Contracts (ESCO) will be implemented in North Macedonia for the first time. The undertakings are facilitated by EBRD through Regional ... more

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LATEST issue 1/2021

issue 1-2021

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BUSINESS
TAP start of gas flows marks a historic step in supply diversification in Southeast Europe

TAP start of gas flows marks a historic step in supply diversification in Southeast Europe

TAP will facilitate gas supplies to South Eastern European countries through prospective interconnectors. In particular, Bulgaria will be able to cover up to 33% of its total gas demand through ... more
Serbia cuts EUR 3,2 billion deal with CRBC for environmental protection projects

Serbia cuts EUR 3,2 billion deal with CRBC for environmental protection projects

The government of Serbia agreed with China’s CRBC on building a functional sewerage system and wastewater treatment plants in 65 municipalities across the country. The deal also includes rehabilitating or ... more
Expansion of the Trans-Balkan Electricity Corridor in Serbia continues with EU financing

Expansion of the Trans-Balkan Electricity Corridor in Serbia continues with EU financing

The project contributes to the establishment of a regional power network connecting the electricity transmission systems of Bosnia and Herzegovina, Montenegro, and Serbia with Croatia, Hungary, Romania and Italy through 400 kV overhead lines or submarine cables ... more
ContourGlobal Maritsa East 3 TPP secures electricity supply by investing in a new power transformer

ContourGlobal Maritsa East 3 TPP secures electricity supply by investing in a new power transformer

The facility increases the voltage of the electricity produced by the turbine and the generator to levels that are necessary to ensure the electricity transmission along the power lines and deliver at low losses to the households and ... more

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