Basketball player invests in small hydropower plants
Mirza Teletović and his family recently registered their company Eko-wat in Jablanica with the aim to start an investment of BAM 10 million (USD 5.56 million), portal Klix.ba reported. Salem Dedić, the mayor of the town in Herzegovina region’s north, said the basketball player’s projects received necessary permits and that the construction of two small […]
ENVIROS Ltd. launches operations in Serbia
Consulting company ENVIROS d. o. o. organized the ceremonial launch of its Serbian branch within the premises and with the support of the Embassy of the Czech Republic. Ambassador Ivana Hlavsová commenced the event by welcoming more than 70 guests from governmental organizations and agencies, industrial companies and consulting firms. The ceremony was facilitated by […]
Board of AEBIOM joined by officials from Balkans
The General Assembly of the European Biomass Association (AEBIOM), held in Brussels, elected the organization’s leadership. Among the 16 candidates from 14 different countries, four of the elected board members are from Southeastern Europe, namely Romania, Croatia and Bosnia and Herzegovina: Ilias Papageorgiadis, president of the Romanian Association of Biomass and Biogas (Arbio), Marijan Kavran, […]
EBRD provides long-term support for green investments
Businesses in 23 countries, including Bosnia and Herzegovina, Bulgaria, Croatia, Macedonia, Kosovo*, Romania, Serbia, Slovenia and Turkey, benefit from Sustainable Energy Finance Facilities (SEFFs), said the European Bank for Reconstruction and Development, which initiated the programme. It extends credit lines to local financial institutions for on-lending to their clients from the industrial, commercial, residential and […]
Sofia overhauls district heating system with EBRD
Toplofikacia Sofia EAD, the single-owned district heating company serving the capital of Bulgaria, intends to use the proceeds of the grant funds provided by the Kozloduy International Decommissioning Support Fund (KIDSF), administrated by the European Bank for Reconstruction and Development and its own financing for contracts within the Project for Upgrade and Modernization of Sofia […]
Enel sets EUR 630 million for investment by 2019
In late November, a financing programme for energy distribution networks in Romania was announced by Italian-based company Enel SpA to be implemented by 2019, according to a report published on the Diplomat’s portal. The company’s aim is to increase its customer base from 2.7 million to 2.9 million consumers. “Through the investment we have made […]
EBRD linking Albanian and Macedonian energy markets to EU
The European Bank for Reconstruction and Development is boosting the regional integration of energy markets in the Western Balkans. The institution said it is providing a loan of up to EUR 37 million for the construction of the first electricity interconnector between Albania and Macedonia and the introduction of grid efficiency improvements to the infrastructure […]
Biomass should be supported by procurement rules
Between 260,000 and 300,000 tonnes of pellet is produced every year in Croatia, 90% is exported, and the state could change that with laws which would stimulate bigger consumption of energy from renewable sources and wood biomass, according to participants at the sixth International Wood Energy Conference for Biomass and Renewable Energy Sources in Zagreb. […]