Business

EBRD and ENEF support the modernization of Bosnian TEM Mandeks
The European Bank for Reconstruction and Development (EBRD) and the Enterprise Expansion Fund (ENEF) announced they were supporting the modernization of TEM Mandeks – a Bosnian manufacturer of electrical installation accessories with 2 million euro loan ... more
EU renewable energy project in Croatia and Serbia supports public lighting modernization
A renewable energy project, financed by the European Union, supported two Croatian towns and a city in Serbia in improving their energy efficiency. Under the R-Sol-E solar energy initiative the project partners managed to decrease the energy consumption ... more
Kosovo to build its biggest wind farm with a 58 mln. euro loan
The European Bank for Reconstruction and Development (EBRD) is providing a 58 million euro loan to support finance the construction and operation of the 105 MW Bajgora wind farm in the north part of Kosovo ... more
Largest ferronickel producing company in Kosovo receives EBRD funding
The largest ferronickel producing company in Kosovo NewCo Ferronikeli (NFN) will receive an investment worth EUR 25 million from the European Bank for Reconstruction and Development (EBRD. The funds are aimed to support the energy efficiency and operational efficiency optimization of the manufacturer ... more
Sweden supports an UNDP energy management project in Bosnia and Herzegovina
The project aims to create favourable conditions for investments in energy efficiency projects, increase the number of green jobs, and contribute to environmental protection and economic development of Bosnia and Herzegovina ... more
The metal fabricated parts maker in North Macedonia Aktiva expands production
The Bank for Reconstruction and Development (EBRD) announced its plans to provide an EUR 5 million loan to one of the leading metal processing and construction companies in North Macedonia Aktiva. It will allow the successful SME Aktiva to upgrade its production and coating facilities ... more
Incandescent light bulbs to get banned in Serbia in 2020
New rules in Serbia will ban the use of some energyinefficient products including incandescent light bulbs. The new regulation will enter into force in mid-2020 ... more
A modern mechanical biological treatment plant to be constructed in Turkey
The European Bank for Reconstruction and Development (EBRD) provides a 9-million euro loan for the construction of a mechanical biological treatment plant which combines a sorting facility with biological treatment such as composting and producing energy from waste ... more
EBRD funds innovations in SMEs across Bulgaria and Romania
A new financing programme will support investment in research and innovation by small and medium-sized enterprises (SMEs) and midcaps. The programme was launched by the European Bank for Reconstruction and Development (EBRD) and the European Union and is aimed at companies in Bulgaria, Latvia and Romani ... more
Serbia`s wind energy is on the rise
With a couple of key wind energy projects implemented in the small town of Kovacica, the northern Serbian province of Vojvodina now ranks among the top current country regions developing renewable energy solutions. ... more
Croatia modernizes public lighting in 57 municipalities
The platform Balkan Green Energy News, supported by the Center for Promotion of Sustainable Development in the Balkan region, recently announced that Croatia is currently retrofitting public lighting in 32 municipalities under a large scale project called Newlight. ... more
Yaskawa opened a new manufacturing facility in Slovenia
After it successfully launched the European production of its Motoman robots at the end of 2018, the Japanese technology group Yaskawa opened its new robot production facility with European robotics development centre at Kocevje, Slovenia. ... more
EBRD supports small and medium-sized enterprises in Turkey
The EBRD supports businesses from many industries in Turkey, such as food and beverages, wholesale and retail distribution and construction and engineering ... more
EBRD and EU funding street lighting refurbishing projects in over Serbian 30 municipalities
Over 30 municipalities in Serbia will benefit from lighting refurbishing projects, the European Bank for Reconstruction and Development (EBRD) announced. The projects are being implemented under the Regional Energy Efficiency Programme ... more
North Macedonian electricity company ELEM to build a large-scale solar power plant with EBRD financing
The new solar plant is ELEM’s first and it will produce nearly 15 GWh a year of electricity once it becomes operational ... more

LATEST issue 1/2021

issue 1-2021

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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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