EPS is worth up to EUR 14 billion, shouldn’t be sold
Branko Kovačević, chairman of the Supervisory Board of the Electric Power Industry of Serbia, told daily Politika the state-owned utility expects a possible capital addition. Asked about a recent dispute with Tony Verheijen, head of the World Bank in the Balkan country, he added the developments can point to the intention to sell the enterprise, but […]
World Bank to increase funding for Bosnia Energy Efficiency Project
The World Bank is ready to support Bosnia Energy Efficiency Project (BEEP) with further investments and advisory, said Jary Vayrynen, task team leader for the endeavour financed by the domestic government through loans from the international finance institution and the International Development Association. The project is funded with USD 32 million (EUR 28.8 million). Performances […]
Korean firms looking for opportunities in green energy
Blerand Stavileci, minister of economic development, visited South Korea, holding meetings with officials and representatives of companies, particularly those in the energy sector and information and communications technology (ICT). The trip ahead of a return visit was realized with the support of the World Bank, which is one of the biggest supporters of these two […]
World Bank to increase funding for Bosnia Energy Efficiency Project
The World Bank is ready to support Bosnia Energy Efficiency Project (BEEP) with further investments and advisory, said Jary Vayrynen, task team leader for the endeavour financed by the domestic government through loans from the international finance institution and the International Development Association. The project is funded with USD 32 million (EUR 28.8 million). Performances […]
IFC supports green bond to mobilize private funds
International Finance Corporation, member of the World Bank Group, said it invested USD 50 million (EUR 44.7 million) in a green or sustainable bond issue of the Industrial Development Bank of Turkey (TSKB). This is the first such security issued from Turkey in international debt capital markets. The issue size of the bond is EUR […]
IFC invests in Finans Leasing to help energy efficiency
IFC, a member of the World Bank Group, said it is providing a USD 60 million (EUR 52.62 million) loan to Finans Leasing, a leading Turkish leasing company, to boost lending to small and medium enterprises (SMEs) for sustainable energy efficiency projects that will cut costs and help protect the environment. IFC will lend USD […]
EBRD: Outages, inefficiency rank high in business challenges
Though some improvements have taken place, electricity issues remained the most severe obstacle for firms in Albania, the European Bank for Reconstruction and Development (EBRD) and the World Bank Group said in the summary of fifth Business Environment and Enterprise Performance Survey (Beeps). The report covers countries in the transition region of Central, Eastern and […]
Vinča landfill operator shall be selected by year’s end
The tender for Belgrade’s Vinča landfill shall be launched by July, said Goran Vesić, the city manager. The project for the facility, which handles around 1,500 tons of waste a day, began as early as in 2007, and it was restarted last year in collaboration with the World Bank, he added, and Tanjug agency reported. […]
