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Romania's largest energy company, OMV Petrom, has announced that it will invest 8 billion lei (€1.6 billion) in 2024 and in each of the next two years.
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On its way to strengthening its renewable energy infrastructure, Serbia will receive a €30 million grant from the European Union to build a 66 MW.
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Albania is transforming its maritime infrastructure, prioritising plans for a new cargo port in Drač. The state has announced an upcoming tender for the project, scheduled for the first quarter of 2024.
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Technology leader in electrification and automation ABB will carry out a comprehensive project to upgrade and improve the energy efficiency and reliability of 19 locomotives.
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Bulgarian startup Mentessa will receive funding and support from EIT Digital, a grant co-funded by the European Union, to develop an innovative project.
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Domi Eko Solar is now producing photovoltaic panels at its plant near Velika Plana in central Serbia, BalkanEngineer.com has learned from Balkangreennews.com.
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Serbia-registered WV International Ventures, wholly owned by Dutch company WV International, plans to build a 900 MW wind farm in the northern municipality of Novi Sad, BalkanEngineer.com has learned from SeeNews.com.
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Together with fifteen other private mobility companies, Bulgarian cargo drone developer Dronamics will advise the European Union (EU).
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In the first nine months of 2023, foreign direct investments in Albania have reached the impressive amount of 1 billion euros, which represents a 10.6% growth compared.
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Global IT company Redis, with a market capitalisation of $1 billion and annual revenues of $100 million, has announced that it will open a new engineering centre in Bulgaria.