Zubax Robotix wins PowerUp! 2018

Zubax Robotix from Estonia is the winner of this year’s edition of the international PowerUp! competition for cleantech startups with the technology allowing electric vehicles (especially aircraft) to travel farther using less energy from the battery. Zubax was awarded EUR 30,000 and a chance to be invited to the prestigious InnoEnergy Highway accelerator, the organizer […]

Serbia needs to boost environmental investment by EUR 500 million annually to tackle “critical” situation – Fiscal Council

The Fiscal Council has called for significantly stepping up investment in environmental protection in Serbia, noting that there is ample room to do so through the 2019 state budget now that the country’s public finances have stabilized. Serbia is one of the most polluted countries in Europe, which is jeopardizing the health of the population […]

Mobility June 27, 2018

EIB to finance procurement of electric buses for Belgrade

The European Investment Bank (EIB) plans fresh investments in Belgrade’s green urban mobility, said Head of EIB Regional Representation for the Western Balkans Dubravka Negre. The EIB plans to finance the procurement of new electric buses and help modernize trams and tram tracks in the Serbian capital, Negre said. Negre made the announcement while discussing […]

Mobility June 25, 2018

Porsche buys 10% of Croatian electric car maker Rimac Automobili

Automotive giant Porsche AG has acquired a 10% holding in Croatian technology and electric sports car company Rimac Automobili. Rimac Automobili develops and produces electric vehicle components and manufactures electric super sports cars, and Porsche is seeking a development partnership with the young company, according to a news release from the German carmaker. Rimac’s main […]