Banja Luka to invest EUR 4 million in water supply under Green Cities framework

Banja Luka has secured a EUR 4 million loan from the European Bank for Reconstruction and Development (EBRD) to finance improvements to the municipal water supply network under lender’s Green Cities framework. The framework represents a strategic approach to address environmental and sustainability concerns through a combination of investments in municipal infrastructure and energy and […]

SrbGBC organizing World Green Building Week in Serbia

Buildings and construction are responsible for 39% of global energy-related carbon emissions. World Green Building Week, taking place from September 23 to 29, this year aims to raise awareness of the carbon emissions from all stages of a building’s lifecycle. The Serbia Green Building Council (SrbGBC) is organizing the campaign for the ninth year running […]

Grundfos unveils BioBooster wastewater treatment facility in Serbia

Denmark-based pump manufacturer Grundfos has unveiled the BioBooster wastewater treatment facility under a EUR 2 million investment at its plant in Inđija, Serbia, the first location outside Scandinavia to boast the state-of-the-art facility, the company said. The facility in Indjija is working towards a closed-loop scenario, where the Grundfos BioBooster system is a key part […]

Syndicated loan for Green Group signals stronger backing for sustainable economy

Green Group, which gathers six Romanian companies specialized in waste collection and recycling companies, has secured Romania’s first syndicated loan signaling the local banking sector’s more significant involvement in the circular economy, local media reported. Green Group will use the EUR 66 million loan to refinance its outstanding loans and finance new projects and development […]