Category: Editors’ Picks

Croatia’s M Plus Group said it has signed a 60 million euro investment agreement with the European Bank for Reconstruction and Development (EBRD). By signing the agreement, the EBRD will take over a 28.3% stake in the company M Plus Croatia, the company said in a statement. M Plus Croatia is a part of the […]

Aurubis Bulgaria said it has received an award for innovation in the competition “ESG Awards 2023” for its contribution to the circular economy by developing new applications of iron silicate as a construction material. The Innovation category mainly evaluated projects to reduce the use of resources, Aurubis Bulgaria said in a press release. Aurubis Bulgaria […]

The INVL Renewable Energy Fund I said it signed a 25 million euro loan agreement with Kommunalkredit Austria AG for construction of power plants with 51 megawatts (MW) capacity in Romania. “We see Romania as a very rapidly emerging EU market that is heavily focused on renewable energy projects,” Liudas Liutkevicius, Managing Partner of the […]

The Council of Europe Development Bank (CEB) said it has approved a total of 156.7 million euro loan to Albania, North Macedonia and Romania. The 27 million euro loan to Albania will co-finance the establishment of information and communication technology (ICT) laboratories, or “Smart Labs”, in more than 600 schools across the country, benefitting around 150 000 children, […]

Croatian energy company Hrvatska Elektroprivreda (HEP) signed 11.1 million euro deal with local company KONCAR – Inzenering for the design and construction of Dugopolje Solar Power Plant. The Installed capacity of the power plant will amount to 13.54 MW, and its connected capacity to 10 MW. It is expected to generate 17.2 million kilowatt hours […]