News

Chinese Fine Stamping invests in motor cores plant in Serbia
Construction of the plant, which will produce motor cores for electric cars, is expected to be completed in July, while production should begin in September ... more
OMV Petrom starts construction of sustainable fuels unit
The new unit will enable OMV Petrom to integrate the production of SAF and HVO with the existing infrastructure for fuel production, storage, and distribution, thus meeting the region`s sustainable mobility needs ... more
EBRD supports Montenegro’s energy sector with EUR 35 million loan
This will be used to finance the implementation of a new supervisory control and data acquisition (SCADA) system and an advanced distribution management system (ADMS), as well as the procurement of new smart meters ... more
Slovenia’s Novartis opens new EUR 40 million facility
The fully automated production environment will ensure precision and efficiency at all stages of the production process under one roof, using advanced robotics ... more
Catalyst Romania invests EUR 2 million in ADAPTA Robotics
ADAPTA Robotics provides state-of-the-art solutions across various industries, including automotive, consumer electronics, medical, manufacturing, R&D, electronics refurbishment, wearables, and gaming ... more
OMV Petrom acquires several PV projects in Romania from Jantzen Renewables
The installed power of these photovoltaic parks will be ~710 MW, being among the most important projects of this type and development stage in Southeastern Europe ... more
EC supports biofuel production in Romania with EUR 500 million
By supporting advanced biofuels, the measure will bring significant reductions in greenhouse gas emissions, while limiting the impact on agriculture compared to conventional biofuels produced from food crops ... more
EBRD invests EUR 24 million in Greece’s Famar
Under the new ownership, Famar plans to make substantial investments in Greece to expand both its R&D and sterile manufacturing capabilities ... more
Knjaz Milos doubles capacity with new production facility
Alongside existing lines, Knjaz Milos will produce its entire portfolio of water and non-alcoholic beverages in Arandelovac, which includes renowned regional and global brands such as Knjaz Milos sparkling mineral water, Aqua Viva still mineral water, Guarana energy drink, ReMix Knjaz and Tube soft drinks, as well as PepsiCo beverage brands ... more
Microchip’s RTG4 FPGAs with lead-free flip-chip bumps receive highest qualification for space applications
It is a prerequisite for meeting mission assurance requirements on the most important space missions, including deep space, human-rated, and national security programs ... more
Ulker issues first sustainability-linked Eurobond
The proceeds from the issuance will be used to refinance the company’s existing Eurobond due in 2025 and for general corporate purposes, enabling Ulker to meet its green targets of reducing Scope 1 and 2 greenhouse gas emissions by 42% by 2030, and Scope 3 emissions by 25% by 2030 ... more
ACCIONA Energia to build Croatia’s largest PV plant
It will have more than 300 000 photovoltaic modules that will produce 320 GWh, enough to meet the energy needs of 69 000 households, which will reduce CO2 emissions by 140 000 tonnes a year ... more
EBRD supports Romania’s electricity distribution network upgrade
The upgrades will also enhance energy efficiency and reduce losses in the distribution grid, saving about 31 800 tonnes a year of carbon dioxide equivalent emissions ... more
Smart Solar Technologies invests EUR 123 million in new Bulgarian plant
The factory’s production will primarily be exported to key European markets, including Germany, the Netherlands, Italy, and Austria ... more
MOL inaugurates largest green hydrogen plant in CEE
The new technology will gradually replace the natural gas-based production process, which currently accounts for one sixth of the MOL Group`s total carbon dioxide emissions ... more

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SEE INDUSTRY
Food industry in Romania

Food industry in Romania

Due to the stringent regulations that formerly governed foreign investment in Romania, numerous multinational corporations have either bought out or formed joint ventures with local firms ... more
Serbia`s metal processing sector

Serbia`s metal processing sector

One of the most significant pillars of the local economy today, the metal processing and machinery sector in Serbia has a long history of growth and is one of the ... more
LED lighting market in SEE

LED lighting market in SEE

In South-Eastern Europe the adoption of LED technology is rapidly gaining momentum, primarily propelled by significant investments in infrastructure and extensive renovation projects across various sectors. This growth is underpinned by a rising recognition of the environmental advantages ... more
Electronic components production in Turkiye

Electronic components production in Turkiye

The Turkish electronics industry, distinguished by its significant added value, innovative approaches, and extensive research efforts, manufactures products intended for both local use and global markets. As reported by the Turkish Ministry of Trade, there are over 2000 ... more
Oil and gas sector in Croatia

Oil and gas sector in Croatia

Croatia has no significant fossil fuels reserves. For example, the share of oil reserves in Croatia relative to the world`s reserves is 0,004%, and natural gas 0,0124%. In terms of tons of oil equivalent, according to 2024 data, ... more
Robotization trends in SEE

Robotization trends in SEE

The rapid advancements in robotics and artificial intelligence and the ever wider adoption of those technologies in SMEs brings a multitude of benefits for the economical development of the countries in Southeast Europe (SEE). Although, the share of ... more

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