EBRD Confirms Interest in Gorenje Capital Injection

The European Bank for Reconstruction and Development (EBRD) has expressed an interest in taking part in the planned capital injection at home appliance group Gorenje. The head of the EBRD office in Slovenia Francois ... More


Gorenje Supervisors Endorse Capital Injection Proposal

The supervisory board of home appliance maker Gorenje has endorsed the management's proposal for a capital injection, calling for the company's share capital to be increased by 50% in the next five years. The supervisors, ... More


Investors interested in Monbat IPO

Institutional investors at home and overseas are anticipating keenly the upcoming IPO of Monbat, the nation's biggest producer of car batteries, Dnevnik learned from Miroslav Stoyanov from Elana, the finance outfit that will ... More


"Gorenje" boilers from Stara Pazova

Company "Gorenje" from Velenje announced that it had bought the factory in Stara Pazova (former unit of Lifam), which would be adapted for the production of heaters "Gorenje-Tiki" (www.gorenjetiki.si). It will be the electrical ... More


Bulgaria battery maker Monbat to invest in Serbia plant

Monbat, the Bulgarian battery manufacturer, will invest 7 mln euro in a lead recycling plant in neighbouring Serbia, news agency SeeNews reported on Monday, citing company co-owner Atanas Bobokov. The plant, which will be ... More


Global Finance to invest in Bulgaria maker of security alarm systems

The Growth fund, a vehicle of private equity company Global Finance, will invest over 1 mln euro in Teletek Group, Bulgaria's biggest manufacturer of security alarm systems. The financing, which will entitle Global Finance to ... More


Gorenje opens new refrigerator plant in Valjevo

Serbian Minister of International Economic Relations Milan Parivodic opened today in Valjevo a new plant that will produce refrigerators and freezers of Slovenia's home appliance manufacturer Gorenje. A total of €20 million ... More


Siemens wins EUR 5.74 M contract with Transelectrica

Siemens will supply Transelectrica a 400 kV interconnection station at Nadab, within a contract exceeding EUR 5.74 M, informs the company’s communiqué, on Tuesday sent to the editorial staff. According to the ... More


Multinational company "Moeller" opens its new production plant in Sremska Mitrovica

One of the largest world manufacturers of electric equipment "Moeller" is openning up today (June, 23rd, 2006) its new factory in Sremska Mitrovica. As it has been announced, at the beginning there should be around 300 workers ... More


Company "Meler" to put its new factory in Sremska Mitrovica into operation

One of the biggest manufacturers of electric equipment "Meler" will open the factory in Sremska Mitrovica on June 23, 2006, which will be employing 300 people in the first phase and more than 1,000 workers in the second phase, ... More


Dalekovod company obtains "Golden Share" award

The Zagreb-based company Dalekovod, which designs and builds transmission lines and substations, suspension and jointing materials, and lighting and floodlighting poles, is the winner of the "Golden Share (Zlatna Dionica)" award ... More


American Whirlpool signed with Turkish Vestel

The American white goods giant Whirlpool and Turkish Vestel have signed a partnership deal for production, delivery, and export. At a luncheon Tuesday, Whirlpool Deputy Manager and European Manager Marc Bitzer said Turkey has ... More


CB Closes Down Operations

Croatia baterije (CB) d.d. is one of the leading European producers of pocket flashlights with annual production of about one million pieces, will close down operations as the factory is no longer profitable, said management, ... More


ABB Purchases USD 22 Million Products From Romania

ABB group purchased more than USD 22 million in low voltage products and parts last year from Romania. Some of the company's main suppliers are Electroaparataj and Electroprecizia Brasov. The latter supplied products and ... More


Liebherr plans 70 mln lev expansion in Bulgarian plant

Liebherr, the German manufacturer of fridges and freezers, said it will invest 70 mln levs in the expansion of its plant in the village of Radinovo, Southern Bulgaria. The new 30,000 sq m production facility will manufacture ... More


Gorenje Selling Top-of-the-Line Fridges at Harrods

Slovenian household appliance maker Gorenje is selling two versions of its top-of-the-line Premium Touch refrigerators at London's prestigious department store Harrods, the business daily Finance wrote on Wednesday, 17 May. ... More


Bulgarian home appliance retailers expansion

Domestic retailers of electronics and home appliances are planning to open a dozen new outlets by the end of the year, the majority of which will be located in cities where the are already present. One of the major retailers, ... More


Technopolis to open 4 new outlets '06

Technopolis, the retail chain co-owned by local audio, video and household appliance importer Videolux and German construction firm Lindner Group, plans 4 store launches for '06. The company, which already operates 11 outlets, ... More


New plant by Schneider Electric in Radinovo

Schneider Electric Bulgaria, the Bulgarian branch of France-based Schneider Electric Industries, will invest 31 million leva (roughly equal to 15.5 million euros) in a project for a construction of a new plant for the production ... More


Bulgaria certifies Schneider investment project

The InvestBulgaria Agency certified Schneider Electric Bulgaria as Third Class investor. Schneider earns the grade with a 31 mln lev project for a new factory in the village of Radino, in the Plovdiv area. The first stage of ... More