Norwegian company laid first part of transmission cable
The first, 140 kilometer phase of installing the Tivat‒Pescara underwater line, which shall be 390 kilometers long, was completed in mid-March by Nexans, web portal Analitika said. The Norwegian company is Italy’s Terna’s partner and it is yet to set another 250 km cable, which shall be connected to the first one. Another cable, 500 […]
EIB approves EUR 70 million loan for SME projects in Montenegro
Investment and Development Fund (IRF) of Montenegro presented this year’s financial support and signed a contract with the European Investment Bank (EIB) for a EUR 70 million loan, part of which is intended for energy and environment. The event was attended by potential users of IRF’s loans, and Montenegrin prime minister Milo Đukanović told the audience […]