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Finland-based automotive tire manufacturer Norwegian Tire has announced that it will invest around 650 million euros in a new car tire plant in Romania, Balkanengineer.com has learned from Money.bg. The factory is expected to start functioning.
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The first retail park in Pernik, Bulgaria has opened. The complex is located on an area of nearly 40 acres and is one of the largest and most modern projects in the region, Balkanengineer.com learned from Money.bg.
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Using solar energy to generate electricity is becoming a trend in Serbia. Over the past few months, households and businesses have installed around 360 rooftop solar power plants with a total capacity of 5.7 MW, while another 100 MW are in the pipeline.
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The automotive component manufacturer Kostal Macedonia (Kostal) donated equipment and service services in the amount of over 20,000 euros intended for the Mechatronics Laboratory at the Institute of Mechanics at the Faculty of Mechanical Engineering at the University of St. Cyril and Methodius".
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The division of Mercedes-Benz in Romania, the company Star Assembly, has invested a 9-figure sum in an electric drive factory, Balkanengineer.com learned from Seenews.com. In this way, the company will expand its production portfolio and include the assembly of powertrains for the new generation of Mercedes-EQ.
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A factory of the Canadian company Magna Mirrors, where mirrors for cars will be produced, was officially opened In the Technological-Industrial Development Zone in Struga, North Macedonia. This is what Balkanengineer.com learned from Izvok.mk. Magna's investment cycle started in March 2021.
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The Kostolac B3 project has entered its final phase. Within a month and a half, more than 98% of the equipment will be delivered, and the unit's inclusion in the Serbian energy grid is expected in September 2023, Balkanengineer.com learned from Balkangreenenergynews.com.
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Near Kocni, North Macedonia, a solar power plant with a capacity of 8 MW has been insatlled. The owner is Central Invest, and the 8-megawatt system was built by Fero Invest, controlled by Kocho Anjushev. This is what Balkanengineer.com learned from Balkangreenenergynews.com.
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Alterco announced revenues of over BGN 57 million for the first nine months of 2022. According to this, the company's turnover increased by 49.8% compared to a year earlier, Balkanengineer.com learned from Capital.bg. The company develops its core activity in the development and distribution of IoT products.
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The Ruse-based company Bylmapĸet Gpyp ĸypyvá railway company Vеѕt Транѕ Rаіl after the deal for 17 million euros, Balkanengineer.com learned from Money.bg. The preliminary contract has already been signed. Upon finalization of the deal, the Blymap gpyp will initially acquire 80% of the company.