KfW provides EUR 11 million for two regional landfills in Serbian cities
The Serbian government and German development bank KfW have signed financing agreements of EUR 11 million for regional landfills in Kruševac and Vranje, according to the Serbian Ministry for Construction, Transport, and Infrastructure. Serbian Construction, Transport, and Infrastructure Minister Zorana Mihajlović said that out of EUR 11 million, EUR 10 million is a donation for […]
KfW continues to fund energy efficiency in public buildings in Montenegro
Germany’s KfW Development Bank is giving Montenegro a loan of EUR 45 million and a EUR 4.8 million grant for the third phase of the project for energy efficiency in public buildings. On behalf of the government in Podgorica, minister of finance Darko Radunović signed the credit contract while minister of economy Dragica Sekulić inked […]
FBiH provides guarantees for loan for pumped storage plant Čapljina
The agreement on financing and project with Germany’s KfW Development Bank was given the goahead by the Government of the Federation of Bosnia and Herzegovina. The foreign partner is donating EUR 9.5 million for energy efficiency in public buildings and it has secured a EUR 15 million loan for the refurbishment and modernization of pumped […]
ERS, EPHZHB to continue with cooperation on electricity production at PHE Čapljina
Public power utilities Elektroprivreda Republike Srpske (ERS) and Elektroprivreda Hrvatske Zajednice Herceg Bosne (EPHZHB) have agreed to continue with their cooperation on electricity production at pumped-storage hydropower plant PHE Čapljina in 2020. The cooperation in 2020 will be regulated by an agreement worth roughly BAM 100 million (around EUR 51.2 million), under which ERS will […]
40 buildings in BiH to be energy-renovated with EUR 19.5 million grant
The Council of Ministers of Bosnia and Herzegovina (BiH) has adopted draft agreements between the German development bank KfW and relevant institutions of Republika Srpska and the Federation of BiH on a EUR 19.5 million grant for the energy renovation of buildings. The grant will be implemented through KfW via financing agreements to be signed […]
BiH to open talks on EUR 15 million KfW loan for PHE Čapljina modernization
The Council of Ministers of Bosnia and Herzegovina has accepted a proposal by the Ministry of Finance and Treasury to open negotiations with the German development bank KfW on a EUR 15 million loan for a project to modernize pumped-storage hydropower plant PHE Čapljina. PHE Čapljina, which operates as part of public power utility Elektroprivreda […]
Gradiška to get EUR 15 million in grants for wastewater treatment project
The municipality of Gradiška has signed two agreements on about EUR 15 million worth of grants for a German development bank (KfW) project that is expected to resolve the problem of wastewater collection and treatment. The agreements were signed by KfW project manager Stefan Rabe, Deputy Chairman of the Council of Ministers of BiH and […]
Contracts signed to finance switching two Serbian heating plants to biomass
Heating plants in six municipalities in Serbia will receive EUR 26.7 million to switch from fossil fuels – coal and heating oil – to biomass, the Ministry of Mining and Energy said on its website. The first two municipalities to get new heating plants will be Priboj and Mali Zvornik, by the of 2022. The […]
