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Battery developer ElevenEs has opened an electric vehicle (EV) battery factory in Subotica, Serbia, BalkanEngineer.com has learned from Serbianmonitor.com. The company invested €550 million ($604 million).
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The successful operation of the North Macedonian company DIM Komerz, which processes and preserves fruit and vegetables, is an example of good economic policy yielding real and concrete results in promoting balanced regional.
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Impetum Group, a Romanian group of companies specialising in private equity and venture capital investments as well as business restructuring services, has become the largest shareholder in local IT group Bittnet (BNET).
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The Bulgarian company Sivico OOD, located in the city of Ruse, has delivered machines for one of the largest manufacturers of optical cables in the United States, Sorning, and more specifically - for its newest division in Europe.
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A serious step into the future will be made in a few months by the Serbian automotive industry - after an investment of 190 million euros in the plant in Kragujevac, production of the new eleĸtpicĸe C3 will start in autumn.
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The French company Malteri Soufflé Bulgaria has started construction of a new malt plant in Pleven, BalkanEngineer.com has learned from Economy.bg. The investment project is worth EUR 56 million.
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Albania's government has approved the construction of three wind farms with an installed capacity of 3 MW per plant, BalkanEngineer.com has learned from Acp.al. According to the decisions, the projects are planned to be built in Tragjas.
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A group of 23 students from Polis University (Albania) visited the Vlora Marina tourism project in the coastal city of Vlora, Albania, as part of the initiative of the B4Students program.
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The Bulgarian company Altepĸo announced that it has once again won more than 60% of the profits from the supply of IoT products and related goods. The data refer to the first quarter of 2023 and are compared with the same period.
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The Romanian division of German auto parts supplier Continental has announced that it has invested 8 million euros ($8.7 million) in a new building at its business base in the northeastern city of Iași.