Business

The logistics park CTPark, situated on the A1 Bucharest-Pitesti motorway 2 km away from the Romanian capital Bucharest, will receive a financing package of 96 million euro from the European Bank for Reconstruction and Development (EBRD) and ING Romania bank. ... more

The Canadian company Nevsun Resources held a ground breaking ceremony in the Cukaru Peki zone of the Timok project in Bor, Serbia, commemorating the start of a new copper-gold mine. ... more

The next phase of the modernization of Pancevo oil refinery in South Vojvodina, Serbia, was marked with an official ceremony at the facility site. ... more

The next phase of the modernization of Pancevo oil refinery in South Vojvodina, Serbia, was marked with an official ceremony at the facility site. The new stage of the project, implemented by Naftna Industrija Srbije (NIS), includes the construction of a Bottom of the Barrel plant with a delayed coking technology. ... more

The European Bank for Reconstruction and Development (EBRD) and the EU announced that their joint two-year program, supporting the competitiveness of small and medium enterprises in Bosnia and Herzegovina, has been successfully implemented so far. During the first one and a half years of the program the two institutions have granted small businesses in the Balkan country multiple small loans amounting to a total of 15,7 million euro. Candidates in the project are expected to receive about 4 million euro ... more

The Romaian company Green Oil and Lubes SRL is to receive a loan for the development, construction and operation of a recycling plant for waste lubricant oils in the Balkan country ... more

The European Bank for Reconstruction and Development (EBRD) said it was providing the largest pharmaceutical distributor in Kosovo Santefarm a loan to support the company in the construction of a greenfield logistics centre. Santefarm is supplying generic and branded drugs, over-the-counter products and medical materials to more than 600 pharmacies in Kosovo. The loan granted to the company amounts to 1,5 million euro, EBRD further announced. ... more

The largest wind farm project in Serbia and the Western Balkans to date will officially be realized after it received a EUR 215 million loan for its implementation. ... more

Albania’s leading local manufacturer of fabricated metal products APM has received significant financing from the European Bank of Reconstruction and Development (EBRD) and the Enterprise Expansion Fund (ENEF). APM is a fully owned subsidiary of Alb-Star Sh.p.k., one of the largest private construction and engineering groups in Albania. A total of EUR 1,8 million will be provided to support the company’s expansion. ... more

This year’s edition of the biennial leading trade fair productronica will take place at Messe Munchen from November 14-18. ... more

The European Bank for Reconstruction and Development (EBRD) announced it was converting the EUR 15 million debt owed by the Belgrade Transport Company GSP into local currency, Serbian dinars. ... more

Salonit Ahnovo was prized with a bronze Sustainable Energy Award by the European Bank for Reconstruction and Development. ... more

The first project under the recently launched Greek Renewable Energy Framework was signed by the European Bank for Reconstruction and Development. ... more

The European Bank for Reconstruction and Development announced it was going to provide a EUR 20 million loan to the Bulgarian subsidiary of Teklas Kaucuk, based in Kardzhali. Teklas is a Turkish manufacturer of fluid circulation systems and anti-vibration parts for automotive applications. ... more

The European Bank of Reconstruction and Development (EBRD) announced it is financing a major project for the renovation of the water supply network in Sarajevo. The reconstruction of the water infrastructure in the capital of Bosnia and Herzegovina is going to be funded by a 25 million euro sovereign loan provided to the Sarajevo Canton Water and Wastewater Company, EBRD added. ... more