News

North Macedonia to comply with EU energy acquis thorough ESCO projects
Thanks to a new Energy Efficiency Law that the country passed at the end of February, Energy Savings Performance Contracts (ESCO) will be implemented in North Macedonia for the first time ... more
German investor to kick-start construction of 50 MW wind farm in Bosnia in Oct
The energy ministry of Bosnia`s Serb Republic announced that a German investor is commencing work on a 50 MW Grebak wind farm in October 2020 ... more
Montengro plans for new container terminals at an international commercial gateway
Government’s Strategy for the Development of the Maritime Economy 2020 – 2030 envisages that the New Container Terminals will be built within port of Bar on the basis of concessions and public and private partnership next year ... more
Albanian electric utility set to bring a novel SPV technology to the country
Korporata Elektroenergjetike Shqiptare (KESH), the state-owned Albanian power generation company, began development of a €13.9 million floating SPV plant in December 2018. ... more
Rompetrol Rafinare boosts up efficiency by optimization of delayed coking plant
Rompetrol Rafinare has announced the completion of its Delayed Coking plant optimization. The 1.4-million-dollar investment significantly improves efficiency of operations by increasing the degree of crude oil processing ... more
Voltalia wins a concession for a 140-MW solar plant in Albania
Half of the 140 megawatts will be sold at EUR 24,89 per megawatt-hour through a 15-year power sale contract with the Albania State, with the other half to be sold through another long-term power sale contract negotiated in the market ... more
Welding equipment manufacturer Gedik Holding to open plant in Eastern Europe
Board chairman Hulya Gedik commented that after the group evaluated opportunities in both countries, at the moment Bulgaria has an advantage as a future investment destination for the company ... more
Montenegrin TPP Pljevlja to undergo eco-reconstruction
Completion of the project, valued at above EUR 54 million, is expected to extend the operating lifetime of the thermal power plant by 30 years, said EPCG CEO Igor Noveljich ... more
ABB appointed to modernize a copper mine in Serbia
The mine was acquired by Zijin Mining Group in 2018 as part of a deal with Serbia`s Bor Copper Mine, which included three open-pit mines, an underground mine and a smelter. The USD 350 million project is among ... more
Bulgarian company Essentica supports the fight with COVID-19
In addition to meeting the needs of the disinfectant market, Essentica also donates alcohol to healthcare facilities across Bulgaria ... more
Endrich celebrates 15 years on the Bulgarian market
"We have a long-term relationship with a number of local companies, and we expect to exceed the turnover of EUR 1,5 million in 2020 with conventional component distribution, but we are also engaged with design-in activities", said Zoltan Kiss, Export manager at Endrich Bauelemente Vertriebs ... more
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

LATEST issue 1/2021

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BUSINESS
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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