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Montenegro to launch tender for 30-year concession for Savnik wind farm

The Montenegrin government plans to launch a tender for a 30-year lease on 2 million square metres of land in the municipality of Savnik...

North Macedonia: Tender for gas link with Greece attracted five bids 

Five potential investors have submitted bids in a tender by natural gas transmission company Nomagas for the construction of the  Macedonian part of a...

ESG Considerations for Foreign Companies Operating in Serbia: Adapting to Local and Global Expectations

As foreign companies establish operations in Serbia, particularly in heavy industries, adapting to Environmental, Social, and Governance (ESG) standards becomes a critical aspect of their business...

Exploring Serbia’s Mining Potential: Main Foreign Companies Invested in the Sector

Serbia is known for its rich mineral resources, and the country has attracted the attention of several foreign mining companies seeking to tap into...

Serbia: Lessons Learned from Foreign Mining Companies’ Mistakes

Serbia holds abundant mineral resources, attracting the attention of foreign mining companies seeking to tap into the country's potential. These companies play a significant...

Serbia: Expansion of geological exploration

The volume of geological research in Serbia has increased significantly in the past ten years and in that period, dozens of exploration permits were...

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Hungarian power prices surge as weak wind drives Southeast Europe higher

Hungarian electricity prices jumped nearly 12% for Tuesday delivery, driving a broader increase across Southeast Europe as a sharp decline in forecast wind generation...

TDI financing for 58 MW Iratoșu solar plant in western Romania

TDI Renewables has secured €25.5 million in financing from Raiffeisen Bank International for its 58 MW Iratoșu solar power plant in western Romania. The...

Nuclearelectrica revises 2026 outlook as Cernavoda outages drive replacement power costs

Romanian nuclear producer Nuclearelectrica has reduced its forecast for 2026 net profit by 42.9% to €221 million. The company attributed the change to prolonged...

MMK Vilusi requests environmental screening for 35 MW solar plant in Nikšić

MMK Vilusi has applied for environmental screening for a 35 MW solar power project in western Montenegro, with the development planned for the Nikšić...

North Macedonia extends oil-supply emergency framework to April 2027

North Macedonia has prolonged its oil-supply emergency framework, with the country’s parliament extending the measure until April 20, 2027. The extension keeps government powers...