Business

EBRD continue to support the successful business of Bulgarian energy bar producer
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 will implement low-carbon power solutions in Turkey
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
EBRD boosts Bulgarian-Romanian cooperation in the water sector
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
Bosnia and Herzegovina receives EUR 20 million support for a modern water system
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
New green reform will upgrade Kosovo’s bus fleet
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
EBRD supports a major resource-efficient enterprise at Tupras, Turkey
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 opened in Serbia
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
EBRD improves stability of the power system in Bosnia and Herzegovina
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
Serbian SMEs to receive €30 million from EBRD via Komercijalna Banka
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
Romania’s Green Group aims at further development as EBRD sells its share in the company
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
Mazak opens its 14th European technology center in Hungary
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 develops its production range to meet the needs of the market
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
Leading international experts shared their know-how at ISK-SODEX 2016
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
Malta plans to invest in the Montenegro energy sector
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
Japanese Marubeni interested in investment opportunities in Bosnia and Herzegovina
Representatives of the Japanese corporation Marubeni from its businesses in the Czech Republic and Romania visited the Foreign Investment Promotion Agency (FIPA) in Bosnia and Herzegovina and met with the director of the institution Gordan Milinic. ... 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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