Electricity

German company scanning energy projects to invest in

Published

May 13, 2015

Country

Comments

0

Share

Published:

May 13, 2015

Country:

Comments:

0

Share

AEG Industrial Engineering AG perceives Macedonia as being the main energy center in the region, said Heinrich Otterpohl, CEO of the German company, part of a delegation visiting Macedonia, the former Yugoslav republic’s government said on its website.

In a meeting with deputy prime minister for economic affairs Vladimir Peševski, Otterpohl praised Macedonia’s investment opportunities, saying his company was examining the conditions to invest in energy projects in the country.

The meeting took place after AEG Industrial Engineering had decided three weeks before to enter Macedonia’s market and open its offices in the country, deputy prime minister’s cabinet stated in a press release.

At the meeting with AEG officials, Peševski, deputy economy minister Hristijan Delev, and CEO of ELEM (Macedonian Power Plants) Dejan Boškovski presented the reforms implemented with regard to business climate and tax policy as well as the country’s strategic energy and investment projects.

AEG Industrial Engineering specializes in the production of power sources, power components and control and distribution of electricity. The company is part of AEG Group (Allgemeine Elektrizitäts-Gesellschaft), which began operations in 1887 in Berlin. The group was incorporated in Electrolux Group in 2004.

Tags:

Related Articles

miroslav tomasevic eps

Tomašević: I have fulfilled my task in EPS

30 March 2023 - Power company Elektroprivreda Srbije (EPS) has earned EUR 49 million from electricity exports since the beginning of the year

Romanian journalists uncover giant hybrid power plant project Serbian border

Romanian journalists uncover giant hybrid power plant project on Serbian border

30 March 2023 - A dormant wind, solar and pumped hydropower project valued at EUR 1.9 billion has been unearthed in a Romanian media report

us renewables texas coal nuclear eia

Renewables outpace coal for first time in US power production

30 March 2023 - The US power sector produced 4,090 TWh last year, and the share of renewables was 21%, the Energy Information Administration said.

Djedovic Dedovic Serbia promote energy storage renewables law

Đedović: Serbia to promote energy storage with changes to renewables law

30 March 2023 - To avoid a delay in connecting their renewable power plant, investors will need to add batteries, according to the renewables bill