News
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
The digital programme will include company and product profiles along with comprehensive, up-to-date background information, plus education, business and networking opportunities ... more
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
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
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
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
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, 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
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
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
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
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 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
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
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
LATEST issue 3/2023
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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