German Company bought the Cable Factory “Kapis“ from Tomislavgrad

The sale of the Cable factory Kapis d.o.o Tomislavgrad was finished on Monday. The purchaser is the German company ATHABASCA Investment GMBH from Eschwage which is registered on 11th November 2014 with the initial capital of ... More

Investor of the Year 2013 awards

“How can we help the business? By not creating obstacles,” Bulgarian Prime Minister Plamen Oresharski said at the ceremony for giving the Investor of the Year 2013 Award. German company for electric equipment ABB ... More

Schneider Electric Srbija and Elnos BL to open substation factory in Batajnica on November 13

Schneider Electric Srbija and Elnos BL will ceremoniously open a factory for producing compact prefabricated concrete substation in Batajnica on November 13, Schneider Electric said in a release. In its newly opened factory ... More

Sunlight signs agreement with Nacco Materials Handling Group

Sunlight Systems on Wednesday announced the signing of a partnership agreement with Nacco Materials Handling Group, a US-based company. Under the agreement, Sunlight will supply batteries for Nacco Materials Handling Group's ... More

Agreement with Johnson Electric on plant in Nis

Nis Mayor Zoran Perisic and Johnson Electric Directors Loran Kardon and Michael Friedrich signed in Nis on Tuesday the contract on free cession of public construction land for the construction of the plant. The value of the ... More

Support for investments by large companies

Prime Minister Ivica Dacic met with a delegation of Samsung Electronics and said Serbia supported investments by large companies that would help the country's economic recovery and advance its educational system. Dacic ... More

Gorenje plans to expand production in Serbia

Prime Minister and Minister of the Interior Ivica Dacic said today that the company Gorenje is one of the biggest investors in Serbia. Touring the company Gorenje in Velenje, Dacic said that he expects this company to get ... More

Syria is interested in extension of Romania - Turkey submarine cable project

Syria is interested in developing a strategic project of electricity transport through the extension of the submarine cable project, set to connect Romania to Turkey, and its development in the Arab states, Ambassador of the ... More

KSM Dongfang to buy Bulgarian equipment

China’s KSM Dongfang, a car parts manufacturer for Volkswagen, Audi and Peugeot Citroen, has signed a EUR 1.8 million order with Bulgaria’s Pleven-based aluminum alloy producer Ilinden. Pen was put to paper during ... More

LDC launches “the light formula”.

The LDC Company from Belgrade ( worked on “the game of light and shadow” since 2008, discovering new dimensions of “the light formula”. LDC Company deals with designing and selling ... More

Elka opens new plant worth €6.8 million

ELKA Kabeli, a leading cable-producing company in Croatia, opened a new plant worth 50 million kunas or 6.8 million Euros at Zagreb business centre Zitnjak today (Wed). The plant with an area of 1,800 square metres was opened ... More

Cabletel – Eurocom to cut 220 jobs

Cable operator Cabletel – Eurocom gave the boot to 220 executive, administrative and operating staff following the merger between Cabletel and Eurocom and the subsequent restructuring, the firm said. The downsizing leaves ... More

Elektroizgradnja tender failed

Serbian Privatization Agency informs that the second tender for the sale of Bajina Basta-based Elektroizgradnja also failed. The first tender for the sale of 70 percent stake in the company was invited on January 30, 2009, but ... More

Alfa Plam net profit increases

Vranja-based household appliances producer Alfa Plam earned RSD 353.34 million net profit in 2008, which is up from a year earlier, when the net profit reached RSD 319 million. The company informs that the total income in 2008 ... More

Ágreement between Eurocable and Elektrokontakt

Eurocable Group, which is the leading Croatian manufacturer of cables, Zagreb Elektrokontakt and Sarajevo Elektrokontakt (Eksa) signed a cooperation agreement in Zagreb, making Eksa the distributor of the entire product range of ... More

Krusik’s batteries in Romania

Krusik akumulatori plans a deal with the Romanian railway next year over the export of batteries, announced company representatives. The head of the company whose majority owner has been the British company Euro Balkan since ... More

ABB Invests USD 20 M in New Factory in Bulgaria's Plovdiv

The new ABB factory in Bulgaria will be located in the Rakovski Industrial Zone. Photo by The Swedish-Swiss-German concern ABB is investing USD 20 M in the construction of a new factory for low voltage ... More

Deadline for bids for "Kablovi" extended until June 13th

Privatization Agency of Serbia has extended the deadline for submission of bids for procurement of Cable industry in Jagodina until June 13th and that was confirmed in the trade union of that company. Prior to May 20th, tender ... More

Dutch outfit eyes Bulgarian cable co CableTEL

Dutch-registered Wild Mountain Holding has notified to the Bulgarian anti-trust authority its intentions to establish indirect individual control of CableTEL, the Bulgarian cable TV, Internet and voice company, and connected ... More

Tender for sale of Jugoterm

The Privatization Agency announced the tender for the sale of 70 percent of Jugoterm’s capital. The deadline for the submission of applications for the purchase of tender documentation is April 4, while the deadline for the ... More