Serbia has embarked on a series of ambitious infrastructure projects aimed at transforming its economy, enhancing connectivity and improving its role as a regional transport and logistics hub. These projects, supported by both domestic investment and international financing, are...

Interest in the upcoming annual auction for slots at the Revythoussa LNG terminal is expected to be low, primarily due to the influx of cheaper Russian pipeline gas. This increase in supply, coupled with European storage facilities nearing the...

Romanian electricity distributor and supplier Electrica has announced the signing of an agreement to secure approximately €3.4 million in non-refundable European financing through the National Recovery and Resilience Plan (PNRR). These funds will support the development of a battery-based...

In recent years, Serbia has significantly strengthened its relationship with South Korea, moving towards a new era of economic cooperation. 2024 marked a pivotal moment in this relationship, with the launch of formal talks aimed at establishing an Economic Partnership...

EU Energy Ministers convened to discuss the increasing imports of liquefied natural gas (LNG) from Russia, the looming energy crisis in Ukraine ahead of winter, and strategies to balance energy prices among member states. In June, the EU implemented a...

Hungarian-Serbian cooperation is being highlighted as a significant success story, with both countries acknowledging that their strategic interests in national economy and security are intertwined. Minister of Foreign Affairs and Trade Péter Szijjártó emphasized this point following a meeting...

Serbia is rapidly establishing itself as a key player in the production and export of heavy industrial equipment, mining machinery and steel for global markets. This growth is fueled by the country’s combination of strategic geographic positioning, skilled labor force, competitive costs and...

Serbia is undergoing a transformative shift in its energy sector, with foreign-owned renewable energy projects playing a crucial role in shaping the country’s green future. The development of wind and solar energy projects, backed by international investors, is positioning...

Serbia has embarked on a series of ambitious infrastructure projects aimed at transforming its economy, enhancing connectivity and improving its role as a regional transport and logistics hub. These projects, supported by both domestic investment and international financing, are...

Serbia is emerging as a critical player in Europe’s renewable energy transition, leveraging its strategic location in the Western Balkans, abundant natural resources and growing partnerships with foreign investors to establish itself as a green energy hub. As Europe...

The independent international review of the economic analysis for the second unit at Slovenia's Krsko nuclear power plant has confirmed its initial viability. The estimated investment cost, excluding financing, ranges from €9.6 billion to €15.4 billion. Gen Energija, the...

Dutch solar developer Photon Energy has commissioned a new solar power plant in Romania, boosting the country’s total installed solar capacity to 51.6 MW. The Sarulesti plant, located in Calarasi county near the Bulgarian border, is the 13th addition...

The Montenegrin government and power utility EPCG are set to begin construction on the Krusevo hydropower plant on the Piva River, downstream from the existing Mratinje dam, within the next two years. This marks the first major hydropower project...

Interest in the upcoming annual auction for slots at the Revythoussa LNG terminal is expected to be low, primarily due to the influx of cheaper Russian pipeline gas. This increase in supply, coupled with European storage facilities nearing the...

This year, Croatia has halted its declining hydrocarbon production trend. While INA previously supplied 30% of domestic demand five years ago, this has now dropped to 24%, equating to 1.7 million cubic meters per day. However, confirmed reserves indicate...