News

Romanian robot kills coronavirus with UV light
Thanks to an advisory project backed by the EBRD and the European Union, robot assembly now takes Modulab, the innovative manufacturer, only one day compared to almost 14 days initially. It has been experimenting with advanced technology for over 15 years, and more than 60 unique prototypes have come to life in the company’s laboratory ... more
Greek government gives green light to 407,4 MW wind power project
The project has a planned investment budget of EUR 489 million and the approval covers the design, development and installation of a wind complex consisting of eight wind parks – four in north-central Evia and four in the south parts of the island ... more
Purplast invests EUR 5,1 million in new factory in North Macedonia
After start of operation the initial investment may be increased to EUR 12 million, with the number of employees reaching 215, Fatmir Bytyqi, deputy prime minister in charge of economic affairs, said in the statement ... more
Bosnia`s Cablex to open cable plant in Prijedor
The facility will serve German automotive components supplier Bosch. The investor’s provisions are that the new plant is to begin production in mid-March, the municipal government said ... more
Kosovo receives loan under Green Economy Financing Facility
The new EBRD loan will be on-lent to individuals, housing collectives, producers, vendors of green technologies and service providers for investments supporting the green transition in Kosovo ... more
Small business from Bulgaria overcomes the crisis with flying colours
Under the EBRD Advice for Small Businesses programme, the company was able to implement an enterprise resource planning system integrating processes across different parts of the business ... more
Smart infrastructure solutions company opens new fiber optic factory in Romania
The factory will start production in January 2021 and will address the following market segments: fiber-to-the-home, data centers, 5G, LANs (Local Area Networks) ... more
Croatia’s transition to circular economy backed by technical assistance from World Bank
Under the two-year technical assistance program, the World Bank will help update the existing National Waste Management Plan, provide diagnostic work and recommend measures to speed up transformation in line ... more
WindEnergy Hamburg 2020 offers fully digital format for comprehensive interaction
The digital programme will include company and product profiles along with comprehensive, up-to-date background information, plus education, business and networking opportunities ... more
Trams produced by Siemens Serbia will be exported to Germany
In December 2018, Ehlinger said that Siemens plans to open two manufacturing units in the Mind industrial park in Kragujevac, where it will produce trams of the Avenio brand as well as parts for light rail vehicles ... more
North Macedonia plans to produce 50% of its electricity from renewables by 2024
The plan is to add PV plants with an installed capacity of 400 MW, which will produce 560 GWh per year or about 10% of total domestic output ... more
Nidec Corporation considers potential investment in a new factory in Serbia
Novi Sad is on the list of potential locations for the construction of a factory in Europe and a delegation led by the president of the company, Jun Seki, visited the Sever 4 area of the city`s industrial zone to study the site ... more
Bulgartransgaz acquires 20% interest in Alexandroupolis LNG terminal
The participation of Bulgartransgaz in the project is a proof of the strategic role of the project in Southeast Europe which will have a key role in the penetration of LNG in the region, as well as in enhancing energy liquidity in its markets ... more
Enery BG 1 plans to build 400 MW PV plant in southern Bulgaria
The solar plant is expected to operate entirely on market principles, based on corporate power purchase agreements with private or public customers, according to the company ... more
Gazprom Export and Mytilineos agree on a long-term gas supplies cooperation
Gazprom Export, a wholly-owned subsidiary of Gazprom, and Greece`s Mytilineos S.A. entered into a long-term contract for natural gas supplies on June 1st 2020 ... more

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TAP start of gas flows marks a historic step in supply diversification in Southeast Europe

TAP start of gas flows marks a historic step in supply diversification in Southeast Europe

TAP will facilitate gas supplies to South Eastern European countries through prospective interconnectors. In particular, Bulgaria will be able to cover up to 33% of its total gas demand through ... more
Serbia cuts EUR 3,2 billion deal with CRBC for environmental protection projects

Serbia cuts EUR 3,2 billion deal with CRBC for environmental protection projects

The government of Serbia agreed with China’s CRBC on building a functional sewerage system and wastewater treatment plants in 65 municipalities across the country. The deal also includes rehabilitating or ... more
Expansion of the Trans-Balkan Electricity Corridor in Serbia continues with EU financing

Expansion of the Trans-Balkan Electricity Corridor in Serbia continues with EU financing

The project contributes to the establishment of a regional power network connecting the electricity transmission systems of Bosnia and Herzegovina, Montenegro, and Serbia with Croatia, Hungary, Romania and Italy through 400 kV overhead lines or submarine cables ... more
ContourGlobal Maritsa East 3 TPP secures electricity supply by investing in a new power transformer

ContourGlobal Maritsa East 3 TPP secures electricity supply by investing in a new power transformer

The facility increases the voltage of the electricity produced by the turbine and the generator to levels that are necessary to ensure the electricity transmission along the power lines and deliver at low losses to the households and ... more

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