Refineries in Croatia, Romania, Bulgaria and Serbia are gaining strategic importance as diesel supplies tighten and long-distance imports become scarce, costly or unreliable. Local production can shorten supply chains and reduce exposure to disrupted seaborne trade, while refinery operations and crude deliveries remain key to availability.
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.
Montenegro’s BELEN day-ahead average rose 8.2% to €295.37/MWh for 2–8 November 2026, moving above Serbia as regional demand increased and solar and hydro output fell. Regional imports also rose, while price gaps narrowed between several neighbouring markets.
In Serbia, the completion and operational readiness of energy projects, such as power plants, renewable energy installations, and other infrastructure developments, are subject to rigorous technical acceptance...
Serbia's position as a competitive hub for the assembly and fabrication of electrical equipment for renewable energy projects is gaining traction in the global...
Serbia has emerged as a prominent player in the steel fabrication and engineering sector, offering a blend of competitive advantages that make it an...
As the global machinery and equipment sector continues to expand, businesses are increasingly seeking cost-effective and efficient manufacturing solutions. Serbia has emerged as an attractive...
In recent years, Serbia has emerged as a highly desirable destination for sourcing engineering services. With its skilled workforce, competitive costs, robust infrastructure, and favorable...
In recent years, Serbia has emerged as a significant player in the global engineering and technical design outsourcing market. With its skilled workforce, competitive costs,...
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 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 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 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.
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.