Business

Kosovan pharmaceutical company gets EBRD funding to build a greenfield logistics centre
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
Serbia begins work on its largest wind farm project
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
Albanian metal products manufacturer receives funding for expansion
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
Productronica will exhibit the future of electronics production
This year’s edition of the biennial leading trade fair productronica will take place at Messe Munchen from November 14-18. ... more
The debt of Serbia’s public transport company GSP to be converted in dinars
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
Large Slovenian cement producer received a sustainability reward
Salonit Ahnovo was prized with a bronze Sustainable Energy Award by the European Bank for Reconstruction and Development. ... more
EBRD is financing a major renewable energy programme in Greece
The first project under the recently launched Greek Renewable Energy Framework was signed by the European Bank for Reconstruction and Development. ... more
Teklas to expand its business in Bulgaria
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
EBRD finances the reconstruction of the water supply network in Sarajevo
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
EBRD and two major Turkish investors are acquiring stakes in the local Korozo Ambalaj
The EBRD, the leading private equity investor in Turkey Actera, and the venture capital firm Esas Holding are acquiring a majority stake in the leading Turkish producer of flexible packaging Korozo Ambalaj, EBRD announced. ... more
Bulgarian IOW participated in two specialized branch exhibitions
Bulgarian company IOW traditionally took part in two agricultural branch exhibitions, company representatives announced in front of Engineering Review magazine. From May 16th to May 19th this year the company presented its technological solutions at Bata Agro, held in Stara Zagora. Almost in parallel to that, from May 18th to May 21th IOW Bulgaria took part in the branch exhibition AgriPlanta-RomAgroTec, which was held in Fundulea, Romania. ... more
Ford Otosan optimizes its commercial vans’ design with a loan from EBRD
The European Bank for Reconstruction and Development (EBRD) announced it will provide a 150 million euro loan to the Turkish automotive manufacturer Ford Otomotiv Sanayi A.S., (Ford Otosan). The aim of the loan is to support the carmaker’s project to optimize its commercial vans’ design. It will allow the addition of style transformations and innovative technology features to the vehicle series. The money will also enable the Turkish company to improve its production processes and operations. ... more
Bulgarian mine to receive funding for an IoT-based telecommunications system
The Krumovgrad gold and silver mine in the south-eastern part of Bulgaria is to receive financing by the European Bank for Reconstruction and Development (EBRD) for the development of an advanced telecommunications system based on the Internet of Things. The project includes the implementation of equipment which can send, receive and analyse data to optimise costs and manage risks in the exploitation of the mine. ... more
10 million euro loan provided to Turkish manufacturer Bozankaya by the EBRD
Bozankaya, a Turkish producer of public transportation vehicles such as trams and electric buses, has partnered with Siemens to produce 22 four-wagon metro trains for Bangkok, Thailand. ... more
An action plan for sustainable future of Tirana was settled
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

LATEST issue 2/2024

issue 2-2024

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COMPANY ARTICLES
PACS Solutions – solving the challenges of Industry 4.0

PACS Solutions – solving the challenges of Industry 4.0

The wide range of complete solutions from the comprehensive portfolio of PACS Solutions is adapted to the specific needs of each individual enterprise or production ecosystem ... more
How to set up an IoT network to get associated data from the sensor to the Cloud? – part II

How to set up an IoT network to get associated data from the sensor to the Cloud? – part II

At the heart of the NeoMesh technology lies a robust protocol stack with integrated security and reliability features. A key aspect is the encryption of the whole wireless communication between ... more
One stop shop for industrial automation

One stop shop for industrial automation

Since 1st of June 2024, PLACAD is officially a sales partner of RNA for South-East Europe. This cooperation enables many industries and machine builders to look into the future and start dreaming big ... more
How to set up an IoT network to get associated data from the sensor to the Cloud? – part I

How to set up an IoT network to get associated data from the sensor to the Cloud? – part I

The E-IoT ecosystem, which offers cellular LPWAN connectivity for direct sensor-database communication and has recently been using NeoCortec’s revolutionary NeoMesh protocol for having an ad-hoc, real low power, sub-GHz mesh WLAN to collect data locally and gateway it ... more
brewmaxx by ProLeiT – the globally recognized gold standard in brewery management

brewmaxx by ProLeiT – the globally recognized gold standard in brewery management

brewmaxx has been successfully implemented in leading brewing companies all over the world, including Heineken, Carlsberg, Diageo, Molsen Coors and AB InBev, as well as at numerous small and medium-sized breweries worldwide ... more
Soil moisture content measurement using E-IoT wireless, ad hoc local network and NB-IoT technology

Soil moisture content measurement using E-IoT wireless, ad hoc local network and NB-IoT technology

Soil moisture detection is one of the key elements of environmental monitoring and agricultural and horticultural IoT solutions. It involves measuring the amount of water in the top layer of soil, which directly affects plant growth, irrigation strategies ... more

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