FDI into Bosnia hits record high
Direct foreign investment in Bosnia and Herzegovina reached a record 400 million euros in 2018, an increase of 2.8 per cent compared to 2017.
According to Gordan Milinic, the director of the country’s investment promotion agency FIPA, the amount of FDI is highly satisfactory, not least as last year proved extremely difficult to attract foreign investors due to populist pre-election rhetoric that made many investors question whether their capital would be safe in the country.
A significant amount of investments has already been announced for this year, as well as the implementation of a large number of projects started in 2018.
EPCG to invest EUR 700 million to build new renewables capacities, upgrade other facilities
Author: Vladimir Berbatović Source: Balkan Green Energy News https://balkangreenenergynews.com/epcg-to-invest-eur-700-million-to-build-new-renewables-capacities-upgrade-other-facilities/ State power utility Elektroprivreda Crne Gore (ЕPCG) will invest a total of EUR 700 million to build new renewable energy capacities and upgrade its other power generation facilities to bring them into line with environmental standards, with the aim of reducing dependence on imports due to hydrologic conditions,…
EPS to invest EUR 4.6 billion by 2027, EUR 700 million to go into hydropower, renewables
Author: Vladimir Spasić Source: Balkan Green Energy News https://balkangreenenergynews.com/eps-to-invest-eur-4-6-billion-by-2027-eur-700-million-to-go-into-hydropower-renewables/ Public power utility Elektroprivreda Srbije (EPS) intends to invest EUR 4.6 billion from 2019 to 2027, of which EUR 1.6 billion in the modernization of existing and construction of new thermal power plants (TPPs) as well as environmental protection, EUR 1,3 billion in distribution projects, EUR 1 billion…
Romanian hydropower company spends EUR 80 mln to refurbish 350MW power plant
Romania’s state-owned hydropower company Hidroelectrica will totally refurbish its hydropower plant (CHE) Râu Mare – Retezat under a EUR 80 million project, financed from own funds. The plan’s capacity will increase to 350MW after the process, Economica.net reported. The company wants to make CHE Râu Mare – Retezat the country’s largest supplier of system services,…