News

Brose starts manufacturing electric motors and drives in Serbia
The German company plans to invest over 180 million euros in a plant that will manufacture power steering motors, electric oil pumps and cooling fan motors in Pancevo ... more
Automotive Logistics 2020 showcased solutions for a future-proof supply chain
Among the major topics in the conference and exhibition program were intelligent technologies (robotics and the Internet of Things), green solutions, logistics, automation, software, packaging equipment, etc. ... more
Automotive Logistics Summit 2020 will take place in Romania
The South-East European Industrial Market (SEEIM) Magazine is an official media partner of the international conference which will take place on 12-13 March 2020 in Sibiu, Romania ... more
Apex Auctions and GE Bucharest announced an online auction for industrial equipment
Apex Auctions and General Electric Bucharest announced an online only auction for the sale of industrial machinery and equipment, located at the GE plant in Romania ... more
The 14th water fair in Budva showcased the latest technologies in the field
The event took place together with its traditional parallel forums - the 41st Civil engineering fair and the 7th Energy fair in Budva. “The combination of these events represents an opportunity for exhibitors to use benefits of the synergy of fair platforms”, the organizers said ... more
EIB invests in the diversification of energy supply in South-Eastern Europe
This will contribute to the diversification of energy supply in Bulgaria and South-Eastern Europe. It is part of a wider plan to better connect energy markets among neighbouring countries – including Romania and Hungary ... more
Toyo Tire Corporation plans to construct a smart factory in Serbia
"IoT will be fully installed at this plant, which will operate as a sophisticated smart factory”, Toyo disclosed in a press release ... more
Bosch inaugurated its new engineering center in Sofia
The new center allows around 200 software professionals to develop innovative technologies for the automotive industry in areas such as driving assistance, automated driving, and electric mobility ... more
Yanfeng Automotive Interiors is building a new production facility in Kragujevac
Production operations at the new factory are expected to be launched at the end of 2019, the Kragujevac city authorities further disclosed. The factory will be located on 18 500 square metres and will create 200 jobs ... more
Orbico to deploy Gideon Brothers’ mobile robots in its warehouse facilities in Croatia
As part of the modernization, Orbico has deployed two robots, testing various “on demand” use-cases, such as transporting goods on repetitive runs between certain points of the distribution center – to be labelled, for example ... more
INGAS 2019 was held under the motto “Common Energy, Common Future
This year’s edition of the popular international forum for the gas industry INGAS took place on the 17th and 18th of October in the Halic Congress Center in Istanbul, Turkey ... more
The Japanese corporation JTEKT expands its business in Romania
JTEKT intends to expand the production capacity at the Koyo bearings factory in Alexandria. The bearing factory has been operating since 1971, producing its first bearings in 1974 ... more
"PCB and EMS Industry in Bulgaria" – cover story in the upcoming SEEIM
The initiative aims to present the leading manufacturing and sales companies in the country, wowrking in this field, by providing them with a platform to introduce the audience to their business ... more
ZF opened a new plant for electric drives in Serbia
The new facility became operational after just a year of construction work. At the plant, located 14 km northeast of the Serbian capital of Belgrade, ZF will mainly manufacture electric motors, generators for hybrid and electric drives, transmission selectors, and microswitches. ... more
thyssenkrupp launched a new damper plant
The investment is worth around 60 million euros. It has created more than 350 new jobs at the Romanian location which now employs around 1000 people ... more

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BUSINESS
EBRD and ENEF support the modernization of Bosnian TEM Mandeks

EBRD and ENEF support the modernization of Bosnian TEM Mandeks

The European Bank for Reconstruction and Development (EBRD) and the Enterprise Expansion Fund (ENEF) announced they were supporting the modernization of TEM Mandeks – a Bosnian manufacturer of electrical installation ... more
EU renewable energy project in Croatia and Serbia supports public lighting modernization

EU renewable energy project in Croatia and Serbia supports public lighting modernization

A renewable energy project, financed by the European Union, supported two Croatian towns and a city in Serbia in improving their energy efficiency. Under the R-Sol-E solar energy initiative the ... more
Kosovo to build its biggest wind farm with a 58 mln. euro loan

Kosovo to build its biggest wind farm with a 58 mln. euro loan

The European Bank for Reconstruction and Development (EBRD) is providing a 58 million euro loan to support finance the construction and operation of the 105 MW Bajgora wind farm in the north part of Kosovo ... more

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