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Koncar Wins €11.5 Million HOPS Grid Contract in Croatia

In Croatia, Koncar has secured an €11.5 million contract from transmission operator HOPS to install a phase-shifting transformer at the Gracac substation. The equipment...

Končar Group Secures Contract for Krško Nuclear Power Plant Upgrades

Končar Group has finalized a new agreement with the Krško nuclear power plant in Slovenia to supply replacement electric motors essential for cooling and...

Končar Completes 1.5 MW Otočac Small Hydropower Plant in Croatia

Croatian engineering firm Končar has successfully commissioned the Otočac small hydropower plant, contributing an additional 1.5 MW of renewable energy capacity to the national...

Končar Secures €13.7 Million Contract for High-Voltage Substation Near Šibenik

Croatian engineering firm Končar – Elektroindustrija has signed a significant contract valued at €13.7 million with two national network operators to construct a new...

Croatia: Koncar secures €24.9M contract to upgrade Senj hydropower plant

Croatian electrical equipment manufacturer Koncar has signed a €24.9 million contract with state-owned HEP-Proizvodnja, the electricity generation subsidiary of power utility HEP, to modernize...

Croatia: Končar and Siemens Energy established a new JV

Končar Inc. and Siemens Energy have signed a Joint Venture Agreement. KONČAR – Transformer Tanks will focus on manufacturing transformer tanks. The strategic alliance...

Latest news

BHP moves to end options on eight Serbian exploration licences

BHP has issued termination notices for its Central Timok and Borsko exploration options in eastern Serbia, returning eight licences to Mundoro Capital when the notices take effect. The miner retains separate Trstenik and South Timok agreements, while Mundoro seeks partners to fund drilling on the returned licences.

Centerra proposes nearly C$4.1 million for 9.9% Mundoro stake

Centerra Gold has agreed to buy 12.374 million newly issued Mundoro Capital shares for approximately C$4.08 million (€2.60 million), in a proposed placement that would give it a 9.9% stake. The funding would support Mundoro’s exploration and working capital as it seeks partners for projects in Serbia, but the deal has not closed.

Northstone secures commitments for about EUR1.45 million Serbia placement

Northstone Resources secured commitments for a share placement worth about EUR1.45 million to fund exploration at its Tlamino gold-silver and Timok East copper-gold projects in Serbia. The financing will support drilling and technical studies, not mine construction.

European Energy weighs up to 1 GW complex in Bulgaria

European Energy is evaluating a renewable-energy complex in Bulgaria’s Dobrich region, centred on a wind project of up to 1 GW. The concept also includes solar generation, battery storage and infrastructure for industrial users.

JANAF halts Croatian crude flows after estimated 500 cubic metre spill

Croatian oil-pipeline operator JANAF halted crude transport on part of the Sisak-Slavonski Brod route after pipeline equipment was damaged near Prvca. The spill is estimated at 500 cubic metres.