Accelerating the renovation of the Bulgarian building stock
A new analysis by the Buildings Performance Institute Europe (BPIE) sets out a long-term roadmap for further development of the Bulgarian renovation programme for multifamily buildings. ... more
Strengthening energy security in South-East Europe by investing in buildings
The latest BPIE report finds that Slovakia and Hungary face a severe risk, and Bulgaria a substantial risk to be unable to heat the national building stocks. ... more
Vitaminka Macedonia invests in new infrastructure and product line
The European Bank for Research and Development (EBRD) will give a new loan to the chocolate and crisp snack company Vitaminka AD Prilep. The loan amounting to 2 million euros is a result of the already established business relationships between EBRD and Vitaminka AD Prilep, the EBRD has announced. ... more
Hemofarm invests 200 millions euro in its Serbian division
The German ambassador to Serbia reported good business cooperation after he visited the branch of the German company Hemofarm pharmaceuticals in Sabac, Serbia at the end of July this year. Axel Dittmann, who works as the German ambassador to Serbia, has noted the smooth work of the Hemofarm plant in Sabac and asserted that the city authorities and the company have been working together very effectively. ... more
COST Action TU1302 satellite positioning performance assessment for road transport (SAPPART)
The Global Navigation Satellite Systems (GNSS) have a significant potential in the development of ITS and mobility services, expected to deliver many benefits including reducing congestion, increasing capacity and improving safety. The road sector is estimated to represent more than 50% of the GNSS market and 75% when we consider the mobility services on smartphones. However, the current lack of a pan-European certification process underpinned by agreed standards is impeding the realization of the expected benefits. The main reason for this ... more
Innovation opportunities for the SEE industry through transnational cooperation
The I3E project promoted innovation in industrial technologies and embedded systemsThe I3E project was implemented under the The South East Europe Transnational Cooperation Programme. It was funded under the South East Europe (SEE) initiative with an aim to help towards the transformation of the SEE area into a knowledge-based innovation-driven economy. The project placed emphasis on two leading edge knowledge-intensive and export-oriented technology sectors that may create a competitive advantage for the area, namely industrial informatics and embedded systems.The ... more
KT achieves important milestones in Lukoil’s Burgas Refinery
On December 18th 2014 started-up the first of the two Claus Trains of Burgas Refinery, while on January 15 the second Claus Train and the Tail Gas Treatment Section were successfully lined up. LUKOIL Neftohim Burgas AD - Bulgarian subsidiary of the Lukoil Group, one the largest privately owned Oil & Gas company worldwide - awarded in 2012 to KT-Kinetics Technology a new Sulphur Recovery Complex to be realized in Burgas Refinery, Bulgaria.The project, awarded on a Lump Sum ... more
EBRD finances expansion of pharma company Jadran Galenski Laboratorij
The European Bank for Reconstruction and Development (EBRD) is supporting the expansion of Jadran Galenski Laboratorij d.d. (JGL) with a 20 million euro multi-currency loan. The Croatian pharmaceutical company aims to become a world leader in the sterile solutions segment.The EBRD financing will allow the company to double its production capacities. Founded in 1991, Jadran Galenski Laboratorij is the second largest pharmaceutical company in Croatia specializing in the production of sterile nose, eye and ear drop solutions. The company ... more
Compania de Apa Oradea is first Romanian firm to achieve CIPS certification
The Chartered Institute of Procurement & Supply (CIPS) has awarded Compania de Apa Oradea, a water management company in Romania, with the Corporate Certification - Primary Award for its development of global best practice within the organisation.Compania de Apa Oradea is the first of six corporate clients of the European Bank for Reconstruction and Development (EBRD) working in the water sector who are developing a programme of procurement excellence in their teams. The programmes are designed to grow the ... more
Biomass boiler plant will support energy efficiency in BiH town Prijedor
The European Bank for Reconstruction and Development (EBRD) is supporting the construction of a new biomass boiler plant in Prijedor, a municipality in the north west of Bosnia and Herzegovina, with a sovereign loan of up to 7 million euro. The funding, the first EBRD investment in renewable energy in Prijedor municipality, will lead to significant cost savings for Toplana AD Prijedor, the plant operator majority owned by the local authorities. The new boiler will no longer be fuelled ... more
Modernization of water and wastewater facilities in BiH town of Gradacac
The European Bank for Reconstruction and Development (EBRD) is improving the water supply and modernising wastewater treatment facilities in the municipality of Gradacac in Bosnia and Herzegovina with a sovereign loan of up to 6 million euro. The financing will help the public utility company, JKP Komunalac Gradacac, currently servicing roughly 20,000 inhabitants, to expand the water supply network to rural areas effectively doubling the size of its catchment area. The EBRD funds will be used to replace dilapidated ... more
1 billion USD combined-cycle gas turbine power plant will be built in Turkey
A 1 billion USD combined-cycle gas turbine power plant will be built in Turkey near the city of Kirikkale in Central Anatolia, some 50 km east of Ankara, with a comprehensive long-term financing package arranged by the European Bank for Reconstruction and Development (EBRD). It is the largest investment in the country in recent years.The plant will be built by Acwa Guc Elektrik Isletme ve Yonetim Sanayi ve Ticaret A.S., a Turkish subsidiary of ACWA Power, an independent Saudi ... more
Mubea invests 20 million euro in a new Turkish factory
The German automotive supplier Muhr und Bender KG (Mubea) has opened a new manufacturing plant in the western Turkish province of Manisa, the Investment Support and Promotion Agency of Turkey (ISPAT) reported. The investment in the project amounts to 20 million euro. The Manisa plant is built on an area of 31,000 square meters. The factory will produce suspension coil springs and stabilizer bars with an annual capacity of 3.5 million pieces. The company plans to double the output ... more
The manufacturer of women’s clothing BTB Bulgaria officially opened its second production facility, located near Dulovo in south-eastern Bulgaria. The textile company, based in Ruse announced it had made the investment in order to considerably expand its production. BTB Bulgaria is one of the leading ladies’ clothing manufacturers on the Bulgarian market. The company exports more than 100,000 pieces of clothing to Germany each month. The staff of the two production factories amounts to 700 people.Founded in 1998 and ... more

LATEST issue 1/2023

issue 1-2023



The E-IOT Mesh with the new cityBox device as a gateway

The E-IOT Mesh with the new cityBox device as a gateway

cityBox is a sensor station, a small green power plant serving itself, a communication gateway for connecting himself to the Internet, and also a gateway to the optional wireless MESH ... more
Comet Electronics – Contract Manufacturing Services

Comet Electronics – Contract Manufacturing Services

Comet Electronics offers development service from the idea to the complete product, according to customer’s needs. The company’s design department works in close cooperation with its manufacturing units and the ... more