News

Construction of the facility is scheduled to start in the third quarter of 2022, with a view to launching operations in 2024. The new plant is expected to create more than 180 jobs ... more

The company plans to invest in projects for expansion of its buildings and in new equipment for its engineering centers as well as in its tire, electronic components and ContiTech factories in 2022 ... more

This is the first major package of projects under the EU`s ambitious Economic and Investment Plan for the Western Balkans, which the Commission adopted in October 2020 ... more

The Group plans to expand its activities and create many new job opportunities in Serbia, investing around EUR 23 million in 2022, followed by additional investments for subsequent construction phases ... more

Senstar, specialised in video management solutions and perimeter intrusion detection systems (PIDS), has opened a software development branch in Timisoara ... more

The company has applied for a EUR 5,4 million government incentive for the project and intends to open 50 jobs at the logistics centre by the end of 2024 ... more

The exhibition presents the novelties in the field of water supply, sanitary and sewerage installations, gas supply installations, technological installations, thermal installations, heating, ventilation installations, air conditioning, refrigeration, etc. ... more

The Serbian government has signed an agreement to provide financial support for the construction of the factory by investing EUR 16 million to build a 2 km road that will link the Valjevo – Lajkovac expressway to the Valjevo industrial zone ... more

The photovoltaic park will generate between 52 000 MWh and 78 000 MWh annually and will be able to supply energy to over 14 000 households ... more

Co-products produced by the process will be used to generate renewable energy, making the plant independent of fossil energy sources ... more

The strategic partner intends to inject EUR 150 million (USD 177 million) in the capital of HIP-Petrohemija, acquiring a stake of up to 90% in the company`s capital. ... more

Earlier this year, Turkish president Erdogan said that the Akkuyu NPP, which is being built by a unit of Russian state-owned nuclear energy corporation Rosatom, is expected to produce an estimated 35 billion kWh of electricity per year, meeting around 10% of Turkey`s electricity needs ... more

The motorway should contribute considerably to the development of local municipalities and the environment through which it passes, and represents a great opportunity for the domestic economy and industry ... more

The acquisition will allow Landis+Gyr to gain a meaningful share of the Turkish market, where the transition to advanced metering infrastructure has yet to commence, and utilise Luna`s vertically integrated manufacturing to drive sales in adjacent markets ... more

The capacity of the energy-from-waste plant wil be up to 30 MW of electricity, plus 56 MW of heat purchased by the municipal company Beogradske Elektrane, reducing the natural gas consumption of its Konjarnik plant by 80% in the cold season ... more
LATEST issue 3/2023
SEE INDUSTRY

Electrical mobility in Türkiye – trends and opportunities
To ensure that charging systems grow in tandem with vehicle sales, the Turkish government must coordinate the deployment of public and private charging infrastructure to support all kinds of EV ... more

Pharmaceutical industry in Romania
With average annual sales of 8,3 billion RON, the pharmaceutical business in Romania is thriving. The pharmaceutical industry`s value chain has grown dramatically in the past years across all segments. ... more

Serbian metal and machinery industry
The metal processing and machinery sector in Serbia has a long history of development and it`s among the leading national production and manufacturing industries and one of the most important pillars of the local economy today ... more

Energy sector in North Macedonia
In order to become a member of the European Union (EU), North Macedonia is currently standardizing and privatization its energy industry. The country has a great energy potential due to its favorable geographical location, natural resources and climatic ... more

During the last decade, the consumption of renewable diesel in Europe strongly increased, going from 14,3 million cubic metres in 2011 to about 19 million in 2019 ... more

LED lighting manufacturing in Türkiye
LED manufacturing today is one of the most important segments of the Turkish lighting industry with numerous economic, social and technological factors contributing to its further development. The production and market challenges due to the COVID pandemic have ... more

Chemical production in Croatia
Chemicals and pharmaceuticals, together with plastics and rubber processing are an integral part of the Croatian economy ... more