Companies
CGES lines up €25 million AFD loan, betting on transmission upgrades to keep Montenegro’s grid flexible
Montenegro’s transmission system operator CGES is preparing to borrow €25 million from the French Development Agency, supported by a state guarantee, to upgrade key high-voltage nodes.…
AIK Group to buy controlling stake in Croatia’s Podravska banka, extending EU reach
AIK Group, led by Serbian businessman Aleksandar Kostić, has signed agreements to acquire about 92% of Croatia’s Podravska banka, a move that would give it majority…
Montenegro’s startup push stalls on a single missing metric: revenue
Montenegro has built an early-stage innovation ecosystem, but local discussions say the country still struggles to track and scale real commercial outcomes. Without consistent measurement of…
EPCG ramps up investment in renewables, storage and grid modernisation to cut Montenegro’s import exposure
Montenegro’s state utility EPCG is entering a new investment cycle with a direct portfolio of about 639 MW/MWp and roughly €646 million in funding, targeting lower…
Montenegro submits full documentation to defend state interests in ongoing legal process
Montenegro’s Ministry of Energy and Mining, led by Admir Ĺ ahmanović, has delivered complete documentation to relevant authorities to protect the country’s state interests in an ongoing…
Titan Cementara Kosjerić charts a low-carbon path as Serbia’s cement sector faces decarbonisation pressure
Titan Cementara Kosjerić, part of the TITAN Group, is moving into a new operational phase focused on alternative fuels, circular materials and lower carbon intensity. The…
NIS ownership talks stall as sanctions and geopolitics reshape Serbia’s energy deal
Negotiations to resolve the ownership structure of Serbia’s NIS have slowed as sanctions targeting Russian energy assets complicate any equity transfer. With banking access and regulatory…
Nelt and JUSDA Europe team up to connect Serbia with wider European supply chains
Nelt Group has partnered with JUSDA Europe to combine regional distribution strength with a technology-led logistics model, as JUSDA expands in Serbia with an 11,000 square…
TBEA weighs transformer plant in Serbia to serve European grid upgrade demand
Chinese industrial group TBEA has moved from early talks to more concrete planning for a transformer manufacturing facility in Serbia, with an explicit export focus on…
EPCG restarts battery storage tender with a smaller pilot after two failed rounds
Montenegro’s state utility EPCG has launched a third tender for battery energy storage systems, shifting to a smaller, pilot-scale procurement after earlier attempts failed and a…