SWIF eyes Romania after Bulgarian investment
A 16% return on investment is planned in Bulgaria, Aubry de Koster, investor relations officer at Solar World Invest Fund (SWIF), told SeeNews in an interview. The Luxembourg-based private equity company closed a double acquisition in March. It took over from China’s ReneSola two photovoltaic plants in Sliven in the country’s southeast, for an undisclosed […]
Municipalities closer to introducing energy management
After preparatory activities conducted from 2009 with the help of the Japan International Cooperation Agency (JICA), an introductory seminar on the establishment of energy management systems (EMS) in municipalities was held in Belgrade. The Ministry of Mining and Energy and the United Nations Development Programme (UNDP) presented project ‘Removing Barriers to Promote and Support EMS […]
GE focuses on efficient, responsible power consumption
Installing any more power production capacity in Romania has no ground, according to Cristian Colţeanu, GE’s president and chief executive for Romania, Bulgaria and Moldova. In remarks made on April 6, he pointed out consumption tops electricity generation and that electrical energy is exported. Colţeanu was quoted by Nine o’Clock portal saying the important segment […]
Factory Vektra Jakić adds pellet production
Hafsa al-Ulama (pictured left), ambassador of the United Arab Emirates, and Petar Ivanović (pictured right), Montenegro’s minister of agriculture and rural development, attended the launch of a pellet manufacturing facility in a wood processing complex in Pljevlja on April 6. Dragan Brković (middle), chief executive of company Vektra Jakić d.o.o., said the new system’s development lasted four […]
Kaufland breaks ground for car charging network
Ten stores of the largest Romanian retailer will be the basis for the country’s free public network of charging stations for electric vehicles. Kaufland, owned by Schwarz Gruppe GmbH, opened the first unit at Barbu Văcărescu in Bucharest, where its headquarters are, and plans to increase the number to ten by the end of the […]
ASOR: Lots of room for energy efficiency improvement
Association for Sustainable Development (ASOR) organized a conference ’Energy efficiency improvement in local municipalities’ on April 5. It was the first in a series of events planned with the aim to raise public interest for sustainable development in Serbia. Maja Turković, director of Wind Power Co., welcomed speakers and guests and opened the conference. Dušan […]
Sabancı to sell cut in Enerjisa before IPO
Hacı Ömer Sabancı Holding AŞ plans to lower the debt of subsidiary Enerjisa Enerji Üretim AŞ ahead of initial public offering (IPO) by selling a stake, chief of the the group’s energy segment Mehmet Göçmen said. He added the utility is planning the listing for the end of the next year or the begining of […]
PPD ESCO to renew city pool in Sisak
Prvo plinarsko društvo (PPD) will renew an Olympic-size swimming pool in Sisak in Croatia, portal Večernji list reported. The contract was signed between PPD ESCO, city officials and the Agency for Transactions and Mediation in Immovable Properties (APN). The project is worth EUR 3 million without taxes. After the renewal, the building is expected to […]
