News

German 123, Exzellent eye waste, green power projects

Published

April 20, 2016

Comments

0

Share

Published:

April 20, 2016

Comments:

0

Share

Bernd Imhof and Andreas Jehnert, representatives of German companies 123 Eco-systems GmbH and Exzellent Energie Management, respectively, visited the Foreign Investment Promotion Agency (FIPA) of Bosnia and Herzegovina in order to get information about currently available waste management projects in BiH.

The firms are specialized in waste recycling and in manufacturing plants for recycling of waste from which they produce electricity. They have been operating in several countries, including Switzerland, the Netherlands and Hungary, and offer three different types of cooperation in the implementation of projects of common interest, FIPA said. They have recently founded company Elektor San in BiH with the main focus on the production of solar energy.

FIPA’s chief Gordan Milinić informed investors about the services and assistance that the agency provides to investors, the main activities, as well as about the support provided by the competent institutions in BiH. Currently available projects from the mentioned field were presented at the meeting, including information about free zones and locations in Bosnia and Herzegovina that may be interesting to investors. FIPA will inform holders of projects, as well as the local communities and municipalities about the possibilities for cooperation with the mentioned investors, and after the shown interest, it will connect projects owners and investors for further negotiations and possible cooperation, the report said.

On April 15, at the invitation of the Embassy of the Czech Republic, Milinić met ambassador Jakub Skalník. The meeting was focused on possibilities for economic cooperation between the two countries and for finding Czech investors to invest in BiH.

The ambassador pointed out Czech investors are interested in investing in renewable energy sources in BiH, and environmental projects of water treatment and waste management. He also promised help in finding Czech investors. Director Milinić emphasized the readiness of FIPA to provide assistance to each investor, starting from company registration until project completion.

 

Related Articles

Europe’s first ammonia-fuelled power plant will be open in Ireland

Europe’s first ammonia-fuelled power plant to be built in Ireland

07 December 2023 - The use of low-carbon ammonia as a fuel can contribute to the security of power supply and the reduction of greenhouse gas emissions

First prosumer in Bosnia and Herzegovina is secondary school in town of Lopare

07 December 2023 - The Municipality of Lopare is continuing to pioneer renewable energy use and the energy transition in the country and the Western Balkans

TIDZ, North Macedonia, solar power plant

North Macedonia seeks investors in solar power projects in industrial zones

07 December 2023 - Investors can apply for public-private partnerships in North Macedonia for the construction of solar power plants in industrial zones

montenegro electrcity export energy balance bih hpp piva

Electricity becomes Montenegro’s biggest export item

07 December 2023 - Photovoltaic output increased fivefold, however it was 50% below plan, according to the Energy Balance of Montenegro for 2024