Bosanska Krupa to rehabilitate Krivodol landfill

In 2014, the European Union has approved a grant in the amount of EUR 1 million for the rehabilitation of landfill Krivodol in the northwest of Bosnia and Herzegovina. The administrative procedures lasted until recently, and now everything is ready for the call for bids for the closure and rehabilitation of the facility, the Municipality […]

Probation starts for biological purifier in Prud

Mayor of Metković Katarina Ujdur and minister of environment and nature Slaven Dobrović launched a six-month probationary period for a biological wastewater treatment facility in the village of Prud, which will protect the Norina well from which much of the valley of the Neretva river and the islands of Pelješac, Korčula, Mljet and Lastovo are […]

Water July 19, 2016

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 […]

News May 27, 2016

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 […]