Hungarian oil company MOL is set to expand its fuel storage terminal in Sremski Karlovci through a new round of investment. The expansion involves acquiring additional land from Dunav Oil and partnering with Naftachem, which will oversee construction and project execution. The move is expected to significantly increase MOL’s storage capacity in Serbia and reinforce […]
Romania to permanently close Isalnita coal-fired power plant in January 2026 Read More »
Romania’s Ministry of Energy has announced that the coal-fired Isalnita thermal power plant in Dolj county will be permanently shut down on 1 January 2026. The plant is part of the Energy Complex (EC) Oltenia. Energy Minister Bogdan Ivan made the announcement during a meeting with trade union representatives. Union proposals to keep the plant
Romania: GE Vernova secures order to supply 252 MW Ialomita wind project Read More »
GE Vernova has signed an agreement with Greenvolt International Power to supply wind turbines for the 252 MW Ialomita wind farm in southeastern Romania. The order, confirmed in the third quarter of 2025, includes the delivery, installation, and commissioning of 42 onshore turbines from GE Vernova’s 6.1 MW–158m series. Deliveries are scheduled to begin in
Montenegro launches geological surveys for strategic HPP Krusevo Read More »
Geological surveys for the Krusevo hydropower plant have started, marking the first concrete step in one of Montenegro’s key energy projects. The work follows a contract signed on 29 November 2024 between EPCG and the Jaroslav Cerni Institute for Water Management, fully financed by EPCG, allowing parallel advancement of all necessary procedures. The 82 MW
Montenegro: EPCG and France’s Akuo Energy partner on floating solar and storage projects Read More »
Montenegro’s state-owned power utility EPCG has signed a cooperation agreement with French renewable energy company Akuo Energy to jointly develop a floating solar power project. The Memorandum of Understanding establishes the framework for building a solar park on Slano Lake in western Montenegro and paves the way for broader collaboration in renewable energy development. Beyond
Croatia enters heating season with strong gas reserves and LNG expansion on Krk Island Read More »
Croatia is entering the new heating season with stable gas supplies, high storage levels, and the upcoming expansion of its LNG terminal on the island of Krk, which is set to become operational on 24 October. Dalibor Pudic, President of the Croatian Gas Association, stated that gas availability across Europe remains sufficient, supported by the
Bulgaria: SUNOTEC secures financing for 115 MW solar and 763 MWh battery projects Read More »
Bulgarian renewable energy company SUNOTEC has secured financing for a portfolio of seven clean energy projects in Bulgaria, totaling 115 MW of solar capacity and 763 MWh of battery storage. The financing agreement, finalized in September, includes one integrated solar-plus-storage facility and six standalone battery energy storage system (BESS) projects. These projects are either fully
The European Parliament’s Committees on Industry and Energy, and on International Trade, have supported a draft law that introduces a complete ban on the import of Russian gas, including liquefied natural gas (LNG), starting from 1 January 2026. Limited exceptions would apply to existing short-term contracts until June 2026 and to long-term agreements until January
Serbia as a re-export hub: Europe’s gateway to third markets Read More »
In an increasingly globalized supply chain environment, Serbia is emerging not only as an engineering and manufacturing base but as a strategic re-export hub for EU companies aiming to access third markets. By combining favorable trade agreements, geographic positioning, and a growing industrial ecosystem, Serbia can serve as a fulcrum for exports into the Eurasian, Middle Eastern,
Čačak sits in the heart of Serbia with an asset mix that plays perfectly to near-sourcing: a deep regional talent catchment, motorways that cut transit times to major hubs, and operating costs that let you scale shared business services (SBS) without compromising quality. For EU clients, it delivers CET-hour coverage, cultural proximity, and audit-ready execution.
