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Serbian brokerage company Mediolanum Invest has officially acquired the assets of the Lece gold, lead and zinc mine located in the southern town of Medvedja.
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Media provider United Group is embarking on a 120 million euro strategic investment in Bulgaria that includes the construction of three photovoltaic power plants and one wind farm that will provide a significant contribution to the country's energy sustainability. The projects, to be completed by 2027, are expected to reduce emissions by 120,000 tonnes of CO2 per year and generate power for 60,000 households, BalkanEngineer.com has learned from Economy.bg.
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Global home appliance leader Haier has announced that it will close its refrigerator factory in Romania. The factory in Aricesht Rahtivani, opened in 2021 after a €70 million investment, produced refrigerators for the Candy, Hoover and Haier brands. BalkanEngineer.com learned about the news from Money.bg.
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Bulgaria has launched a large-scale procedure to build digital infrastructure, BalkanEngineer.com has learned from a press release by the Ministry of Transport and Communications.
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Albania, Italy and the United Arab Emirates (UAE) have signed a strategic alliance to build a submarine power pipeline that will link Albania and Italy, has learned BalkanEngineer.com.
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Serbia will start building the BIO4 technology park in 2025 in Belgrade, BalkanEngineer.com has learned from a statement by Jelena Begovic, Serbia's Minister of Science, Technological Development and Innovation.
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German company Schieffer International Group will invest in the construction of a factory for plastic components for the automotive industry in the Romanian city of Hunedoara, BalkanEngineer.com has learned from RomaniaInsider.com.
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ZKW Group, part of the global LG Group, will open a Shared Services Center in Sofia, Bulgaria, creating nearly 100 new jobs in IT, digitalization, accounting and marketing, BalkanEnegineer.com has learned from Economy.bg.
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Holsim Bulgaria sets a new standard of sustainability in the construction sector. The plant becomes the first company in the country to introduce environmental product declarations (EPD) for its cements and concretes.
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Romania plans to put into operation some 300 km of motorways and expressways in 2025, BalkanEngineer.com has learned from a statement by the Romanian Road Agency (CNAIR).