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Foreign direct investment in North Macedonia reached record levels in the first nine months of 2024, marking significant economic growth for the country, BalkanEngineer.com has learned from SeeNews.com.
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French renewable energy company Voltalia has started construction of a 100 MW solar park in the Spitalle area, near Drač, Albania. The project will provide electricity for 150,000 inhabitants and prevent annual emissions of more than 18,000 t of CO2, BalkanEngineer.com has learned from a company press release.
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Albania is renewing the tender for the construction of a new port in Drach (Duras), estimated at 400 million euro, BalkanEngineer.com has learned from SeeNews.com. The Dras Port Authority (DPA), which manages the country's largest port, has announced the reopening of the tender for the first phase of construction of a port in the area of Porto Romano, located northwest of the current facility. All cargo handling operations will be relocated there.
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Industrial production in Serbia increased by 1.0% year-on-year in November, BalkanEngineer.com has learned from data from the Serbian Statistical Office. This growth is significantly more modest compared to October, when an increase of 8.1% was reported.
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Serbia has taken another step towards upgrading the capital's transport infrastructure, signing a €720 million contract with Chinese company PowerChina, BalkanEngineer.com has learned from SeeNews.com. The agreement covers the design and construction of Stage 2 of the first phase of Belgrade Metro Line 1, as well as the purchase of specialized tunneling machines.
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Belgian company Avesta Battery and Energy Engineering (ABEE) has started construction of a factory for battery systems for electric vehicles in the town of Kichevo, North Macedonia, BalkanEngineer.com has learned from SeeNews.com.
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State-owned operator Albanian Railways has launched a preliminary tender for the rehabilitation of the 120-kilometre railway linking Vore in central Albania with Hani and Hotit on the border with Montenegro. The project is valued at €373 million and is financed through loans from the European Bank for EBRD and the EIB, as well as a grant from the EU.
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OpenAI has launched a new version of ChatGPT Pro, priced at $200 per month, designed for engineering and survey use. This extension of the popular chatbot is part of the company's efforts to expand industrial applications of artificial intelligence and accelerate the commercialization of the technology that is at the heart of the global AI boom, BalkanEngineer.com has learned.
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Rețele Electrice Romania has unveiled a new and advanced IT platform designed to make it easier for electricity suppliers, BalkanEngineer.com has learned from a press release from the electricity distribution company. The platform provides updated customer consumption data, covering 11 of the regions the company is responsible for.
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The Electricity Company of North Macedonia (ESM) has launched a tender for the construction of two new photovoltaic power plants with a total capacity of 30 MW. The project will include the construction of a 10 MW Oslomej 2 solar plant in the area of an abandoned coal mine in the REK Oslomej complex and a 20 MW plant near the Bitola thermal power plant.