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Balkan News

26 february 2025A factory in Mali Zvornik, Serbia, is back in business after signing a long-term contract with a Turkish investor

A Turkish investor plans to revive the textile industry in the western Serbian town of Mali Zvornik by setting up a new factory and providing employment for the local population.
24 february 2025A 120 million BGN aviation repair center with 1,500 jobs is being built in Burgas, Bulgaria

A large aviation repair center will be built in Burgas, Bulgaria, BalkanEngineer.com has learned from a press release issued by Burgas Municipality.
20 february 2025Greek chocolate manufacturer ION acquires back Bulgarian company Interion

Greek chocolate manufacturer ION is making a strategic move by acquiring back Bulgarian company Interion, the producer of the liquid chocolate "Nukrema", BalkanEngineer.com has learned from BTA. The deal, valued at 10 million euro, marks the return of Interion to the ION structure after three years of being run independently. The chocolate industry in Bulgaria is witnessing a significant corporate merger, with Greek giant ION once again taking control of Interion, one of the country's leading liquid chocolate producers.
18 february 2025The EBRD has invested 151 million euro in 2024 in resilience projects in North Macedonia

The European Bank for Reconstruction and Development (EBRD) is investing a record 151 million euro in North Macedonia in 2024, supporting key projects that accelerate economic growth and support the country's green transformation, BalkanEngineer.com has learned from Mia.mk. These investments will be important for the sustainable development of the region, with priority given to energy efficiency, renewable energy and decarbonisation. In 2024, the European Bank for Reconstruction and Development (EBRD) is investing 151 million euro in North Macedonia, supporting 13 key projects for economic and sustainable growth.
14 february 2025New airport near Bucharest to link Bulgaria and Romania in 30 minutes

The project for a new airport near Bucharest is progressing rapidly, BalkanEngineer.com has learned from an announcement by the mayor of Sector 4 in the Romanian capital, Daniel Balca.
12 february 2025Israeli agtech company invests in energy projects in Albania

Israeli agtech company N2OFF has signed a strategic agreement with Solterra Energy to jointly develop renewable energy projects in Albania, BalkanEngineer.com has learned from a company press release.
10 february 2025Mediolanum Invest invests 34.2 million euros in the gold mining potential of the Serbian mine Lece

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.
06 february 2025United Group invests 120 million euros in green energy projects in Bulgaria

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.
04 february 2025Home appliance manufacturer Haier closes its plant in Romania

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.
31 january 2025High-speed internet reaches rural areas in Bulgaria with investment of BGN 468 million

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.