Works on corridors 10, 11 according to plan

Minister of Infrastructure and Energy Milutin Mrkonjic confirmed that works on the construction of road and rail corridors in Serbia are in full swing. Mrkonjic visited the site on the eastern branch of Corridor 10 through ... More

Highway project Prishtina-Skopje can start immediately

Construction on Kosovo’s second highway could begin this year. The Ministry of Finance has received green light from the International Monetary Fund to initiate procedures for the construction of "Route 6", which will ... More

New industrial zone Batajnica-Dobanovci

Minister of Infrastructure and Energy Milutin Mrkonjic said today that the Belgrade bypass is one of the most important parts of Corridor 10 and that only domestic companies are engaged on the construction of the Batajnica loop ... More

Bulgaria Inspects its Dams

A total of 500 dams have been inspected by Bulgarian authorities over the past days, with 14 of them deemed potentially dangerous, according to Mihail Andonov, head of the country's national power grid operator (NEK). Dam ... More

80 million euros saved in construction of Corridor 10

In talks with the World Bank Director for Southeastern Europe and Central Asia, Jane Armitage, and Director for Serbia Louis Brefort, Minister of Infrastructure and Energy Milutin Mrkonjic said that during the construction of ... More

Croat company successful in waste exporting

A company in Croatia has proven even rubbish could be exported. The Mali Luka company based in Dugopolje, southern Croatia, has made a success of exporting the cardboard, paper, nylon and styrofoam waste as a raw material ... More

Contract signed for construction of water treatment plant for Grand Backa canal

Head of the EU in Serbia Vincent Degert signed today with the mayors of Vrbas and Kula, Zeljko Vidovic and Svetozar Bukvic, a contract to build a central water treatment plant for the Grand Backa canal. Deputy Prime Minister ... More

Highway to link Black Sea and Baltic

The plan to build a highway that would link the Black and Baltic seas will be discussed this autumn in Cernauti, ‘Ziarul Financiar’ informs. According to Helmuth Meelich, UNECE Trans-European Railway and ... More

Renzo Piano, project for rebirth of Athens coast

The Athenian seafront at Faliro, from the "stadium of peace and friendship" to the Kifissos estuary, is to undergo a complete environmental revamp, as part of a plan by the Italian architect Renzo Piano, which will be financed ... More

Bulgaria's Trace Group net profit more than doubles in 2010

The net profit of Bulgarian construction company Trace Group Hold more than doubled to BGN 18.6 million in 2010, according to its consolidated report published on Tuesday. The company's revenue jumped 60% on the year to BGN 338 ... More

Calatrava consulted for the new building of Belgrade Philharmonic Orchestra.

Santiago Calatrava, one of the most famous contemporary architects, has arrived in Belgrade after being invited by the Belgrade Philharmonic Orchestra Foundation Zubin Mehta. This Spanish architect, acknowledged and famous as ... More

EIB approves EUR 130 million loan for Corridor 10 highway section

The European Investment Bank (EIB) has approved a EUR 130 million loan to the Republic of Macedonia for construction Corridor 10 highway section Demir Kapija-Smokvica. The Finance Minister said in Wednesday's press release ... More

Strabag considers Croatia as a future market

The Austrian company Strabag chairman has announced that he still considers Eastern Europe as a "future market". "I think the same about the Balkans – all of it from Croatia to Macedonia.", Strabag SE chief Hans Peter ... More

French Company Saint-Gobain Weber Builds 2nd Factory in Bulgaria

In April, French company Saint-Gobain Weber started the construction of its second factory in Bulgaria, located near Izvorsko village, Aksakovo Municipality, close to Varna. The second factory to be built by Saint-Gobain Weber ... More

Ozturk group thrives in Bansko

Ozturk Group, a Turkish business group opened a Complex in Bansko with more than 200 studios and luxury apartments. It is because of this performance that Ozturk Group has invested 15 million euro in Bansko and 15 million ... More

Hellenic Shipyard to seek abolition

Hellenic Shipyards will not resume operations of its merchant ship-repair unit -- where the company has a significant share of the market in the eastern Mediterranean -- until the landscape is cleared of restrictions envisaged by ... More

Privatisation process to carry on for three shipyards

The Croatian government decided at a session on Thursday to continue the privatisation of three shipyards - Brodogradjevna Industrija Split, Brodotrogir, and 3. Maj. Economy Minister Djuro Popijac suggested proceeding with ... More

EUR 600m for municipal sewage in Bulgaria

Bulgarian municipalities can finally tap into over EUR 600 million under the EU’s Environment operational programme for sewage systems after the scheme’s administrating body invited them to file project applications. ... More

EUR 36m from Sozina

The money invested in the construction of tunnel Sozina, i.e. EUR 75m, could be returned in five years. In five years since the opening of Sozina, Monteput has realised an income of EUR 36m from the collection of tolls. The ... More

Sofia’s waste treatment plant to cost almost BGN 209m

Hut-Stanilov, a tie-up between Bulgarian company Stanilov and German Walter-Heilit consortium, has won the contract to build Sofia’s waste treatment plant, sources told Dnevnik. Construction costs are estimated at BGN ... More