Business

North Macedonia receives financing to modernise SMEs and build green homes
Funds will be lent on to businesses to upgrade their production processes and equipment to EU standards, in particular with regards to product quality and safety, health and safety measures and environmental preservation ... more
TeraPlast Group closes sale of steel companies to Kingspan
TeraPlast has received the second and last notice of approval needed for the transaction to be closed from the Commission for Protection of Competition in Serbia, it said in a statement filed with the Bucharest Stock Exchange, BVB ... more
EU to support construction of Corridor Vc in BiH with additional EUR 20 million
In addition to building modern transport infrastructure the project also contributes to improving the road safety in the country by achieving three-star safety standard by the International Road Assessment Program – one of the first projects in the region to receive it ... more
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
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 businesses ... more
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 building six regional landfills ... more
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 TAP after the completion of the Interconnector Greece Bulgaria (IGB) ... more
The finalists in the Innovative Enterprise of the Year 2020 contest in Bulgaria
All finalists in the contest are granted the right to use the Excellence in Innovation label of the Applied Research and Communications Fund and provided opportunities for reaching potential international partners and clients in all economic fields through the Enterprise Europe Network, which is active in over 60 countries ... more
Kranj will become the first smart city in Slovenia thanks to digital technologies
The smart solutions implemented in Kranj are expected to ease the local authority’s overall planning and emergency response, reduce utility losses and provide a tool for consumption control to the citizens ... more
Glass producer in Kosovo achieves market growth through SME competitiveness programme
The investments enabled the company to increase its productivity, replace old technology with environmentally friendly one and enhance quality, as well as improve health and safety standards ... more
EBRD encourages green growth in the industrial real estate sector in Romania
The European Bank for Reconstruction and Development (EBRD) signed an agreement with Warehouses De Pauw (WDP) for a financing package of EUR 150 million, which will contribute to the implementation of a sustainability management framework, comprising international building certifications and the introduction of novel green measures ... more
Eta Bio signs licence agreement with Clariant to build cellulosic ethanol plant
Eta Bio, a family-owned agricultural business, will produce 50 000 tonnes of cellulosic ethanol per year by processing around 250 000 tonnes of wheat straw in their production facility in the Northeastern Bulgaria. Their partnership with Clariant, a leading specialty chemical company, will help them tread their way in the advanced biofuels market ... more
The first large-scale wastewater treatment plant for Skopje gets euro financing
The EBRD is providing a loan of 58 million euro to finance the first large-scale wastewater treatment plant for Skopje. The financing will be complemented by 78 million euro package from the European Investment Bank (EIB) ... more
New investment project for water and sanitation services in Smolyan, Bulgaria
The project will modernise and extend municipal services for nearly 100 000 people in the Smolyan district in accordance with EU directives ... more
South Korean automotive manufacturer Kyungshin starts construction of new factory in Serbia
In Smederevska Palanka, the Kyungshin Cable plant will produce components for high-tech electric car batteries, as well as parts for traditional cars ... more

LATEST issue 2/2021

issue 2-2021

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BUSINESS
North Macedonia receives financing to modernise SMEs and build green homes

North Macedonia receives financing to modernise SMEs and build green homes

Funds will be lent on to businesses to upgrade their production processes and equipment to EU standards, in particular with regards to product quality and safety, health and safety measures ... more
TeraPlast Group closes sale of steel companies to Kingspan

TeraPlast Group closes sale of steel companies to Kingspan

TeraPlast has received the second and last notice of approval needed for the transaction to be closed from the Commission for Protection of Competition in Serbia, it said in a ... more
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 TAP after the completion of the Interconnector Greece ... 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 building six regional landfills ... more

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