Business

Recently, the European Bank for Reconstruction and Development (EBRD) and the municipality of Tirana joined forces to ensure the development of the sustainable future of the Albanian capital. ... more

Smart Organic, a leading Bulgarian producer and distributor of organic products, gets a boost from the European Bank for Reconstruction and Development (EBRD) by its extending a EUR 2 million loan. ... more

Toshiba has won a major order to supply a flash steam turbine system and generator (STG) for Unit 2 of the Kizildere III Geothermal Power Plant in Turkey. The company has made an agreement with the Zorlu Energy company, which is part of the Zorlu Energy Group, to supply a flash steam turbine system and generator (STG) in July 2017. ... more

The European Bank for Reconstruction and Development (EBRD) organized a conference dedicated to the challenges and reforms in the water and wastewater infrastructures of Bulgaria and Romania. The conference was held in the Bulgarian village Starosel and brought together representatives of the EBRD, sanitation utilities, Bulgarian and Romanian national water associations and relevant ministries. Since both countries are in similar situation of facing the challenges of pre- and post EU accession obligations, the conference served as a forum share ... more

Bosna and Herzegovina has received over EUR 20 million in total from three European institutions for the reconstruction and implementation of a new modern water system for clean water in Bijeliijna. The new system is supported by the European bank for Reconstruction and Development (EBRD), the European Union and the Swedish International Development Cooperational Agency. The institutions will loan the project for new modern water system in Bosnia and Herzegovina EUR 12 million, EUR 6,5 million and EUR 4 ... more

A new green reform will upgrade part of the public transport and particularly the bus fleet of Kosovo’s capital Pristina. The European Bank for Reconstruction and Development (EBRD) will support the reform with a 10 million EUR investment. ... more

The European Bank for Reconstruction and Development (EBRD) will financially support a major resource-efficient enterprise that will take place at the biggest industrial company in Turkey - the oil refining company Turkiye Petrol Rafinerileri (Tupras). The project will take place within the next two years. ... more

The first Center of Small Business in Serbia opened in one of the cities in the central region of the Serbia - Kragujevac. The center is part of the Chamber of Commerce and Industry of Serbia (CCIS) and aims at improving business environment for small and medium sized enterprises, increasing qualifications of workers, helping boosting employment, strengthening the local economy and supporting the project "Year of the Entrepreneurship", CCIS representatives announced. ... more

The European Bank for Reconstruction and Development (EBRD) will provide EUR 8,5 million for critical upgrades required for sustainable and efficient operation of the electricity transmission system in Bosnia and Herzegovina (BiH). ... more

Support from the European Bank for Reconstruction and Development (EBRD) to private entrepreneurs in Serbia is to be increased with more access to finance for small and medium-sized enterprises (SMEs). Komercijalna Banka, the second-largest bank in Serbia by assets, will get EUR 30 million from the EBRD as an extension of a three-year loan. ... more

The European Bank for Reconstruction and Development (EBRD) has sold its stake in Green Group, a Romanian company focused on consumer packaging waste recycling. The firm enters the next phase of its development and plans a public listing. The Bank’s stake is being taken over by Abris Capital, a private equity fund based in Warsaw, concentrating its activity on Central and Eastern Europe. ... more

On May 11th this year Yamazaki Mazak opened its 14th technology center in Europe, which is located in Soskut, Hungary. The new technology center will provide enhanced before and after sales service and support from the company, in view of the growing Central European market. ... more

IHB Electric is a global supplier of electric motors, hydro generators and related with them repair activities and services for HPP. The company is one of the founders of electrical-mechanical engineering industry in Bulgaria and the biggest manufacturer of rotating electrical machines in the region. We have manufactured over 500,000 electric motors and hydro generators for Russia, former republics of the CIS, Eastern Europe and also for many countries form Western Europe, Asia, Africa and Latin America. ... more

The leading Eurasian event for heating, refrigeration, ventilation and airconditioning technology ISK-SODEX Istanbul took place from 4 to 7 May this year at the CNR EXPO and Istanbul Expo Center in Turkey. The exhibition was attended by a total of 1293 companies from 46 countries and provided a significant contribution to the industry with its rich program. ... more

A delegation from Malta led by prime minister Joseph Muscat met with Montenegro prime minister Milo Dukanovic to discuss the possible cooperation between the countries in the energy sector for investment in the wind farm at Mozura hill. The prime minister said he had been presented many ideas that can possibly be useful for implementing positive experiences in economic and pro-European development. ... more