Messer BH Gas to invest Additional 5 Million BAM in Production Facilities in B&H

Messer BH GasA company for the production of gases, Messer BH Gas, plans to invest more than 5 million BAM in the production facilities in B&H by the end of this year. That will practically mean more jobs but also the more ... More

Bulgarian Car Tyre Maker Vidachim Axes 314 Workers

Over 300 employees of Bulgaria’s Vidin-based car tyre maker Vidachim will be unemployed as of Monday. Vidachim, one of the largest companies in Bulgaria’s poorest northwestern region, will issue redundancy notices ... More

Henkel launches new factory, Vucic expects new investments

Henkel Serbia has launched on Tuesday a new Bref production facility in Krusevac, an investment worth EUR 21 million, and Serbian Prime Minister Aleksandar Vucic invited at the opening German business to invest in Serbia. "I ... More

Company “Helioplast” From Gračanica Opened a New Production Plant

The company “Helioplast” from Gračanica, in cooperation with RPC groups, organized today in Gračanica the ceremony of the opening of a new production plant in the new hall of Helioplast ... More

Nikolic: Government has to act as partner to investors

The only way for Serbia to overcome the economic crisis is to improve its business environment, thereby attracting new investors and keeping the old ones, Serbian President Tomislav Nikolic said during a meeting with Michelin ... More

Slovenia marked profit from privatization of winning state companies

Slovenia signed a contract for the sale of the Helios Company – a leading paint manufacturer for Southeast Europe and the first state-owned company that is to be privatized. The idea is funds to be provided for ... More

Kromberg & Schubert plant opens

Plant of German company Kromberg & Schubert opened in Bitola industrial zone Zabeni on Friday. The investment is estimated at EUR 20 million, opening 2,500 jobs. The plant opens after a one-year construction and training of ... More

5000 Chemical SMEs Went Bankrupt in 3 Years in Bulgaria

In the past three years, around 5000 small and medium-sized enterprises in the chemical industry went bankrupt, and around 10% of the people working in the sector were laid off, according to Yoncho Pelovski, Deputy Chair of the ... More

German Company Henkel will construct factory in BIH worth around 7 million EUR

German company Henkel announced on 25th April in Sarajevo that it will construct a factory Henkel Ceresit in BIH, worth around 7 million EUR. Beginning of construction in Bileca will start in the second half of this year, ... More

Italian Mapei Buys Ruse Production Plant

In January 2010, the Milan-based international company Mapei announced an expansion in its Bulgarian operations with the purchase of a production plant in the northern city of Ruse. The plant has been bought from Orgachim, a ... More

Turkish investors to invest in Natron Maglaj

The "Sarajevo-sume" company reached an agreement the the Maglaj-based "Natron Hayat" company, owned by Turkish investors, to deliver 11.000 cubic meters of celluloid lumber at a price of 40 KM per cubic ... More

New owner vows to switch on idled Chimco in 2010

Bulgaria’s troubled fertiliser maker Chimco will resume operations in October or November 2010, the plant’s new owner, construction entrepreneur Nikolay Galchev, told Dnevnik. The businessman said his holding ... More

Chemical firm Petar Karaminchev to exit bourse

Shareholders of Bulgarian chemical maker Petar Karaminchev will vote on the company's delisting from the Bulgarian Stock Exchange (BSE), showed the extraordinary meeting agenda. The firm will also adopt a new statute to reflect ... More

Oltchim employees give up protests

The unionists from Oltchim Ramnicu Valcea announced yesterday that they renounce the protest actions after the union and the employers’ association concluded a contract through which they established measures for the social ... More

Indian co-ownership in Gikil uncertain

It is uncertain when the sale of 15 per cent in Gikil, owned by the coke and chemical complex Lukavac (KHK Lukavac), would take place, although the initial announcement said early 2009. KHK expects to settle the contributions, ... More

Procter&Gamble to open plant in Urlati

The Procter&Gamble Company intends to open a plant in Urlati locality in the next two months, Agerpres informs. The plant would manufacture shampoo and shower gel. This would represent the company’s first investment in an ... More

Global Ispat is the eligible buyer of KHK Lukavac

The sale of 16 per cent of a government stake in the coke and chemical complex of Lukavac (KHK Lukavac) failed yesterday, since there were no interested bidders. According to the agent – Raiffeisen Brokers Sarajevo ... More

Terpentin goes to Russians

The head of the Visegrad Municipality announced yesterday that a local paint and coating factory would be sold to Russian buyers. However, he did not name the future owners of bankrupt Terpentin. After the purchase agreement ... More

Kronospan Bulgaria to invest 5 mln euro in eco upgrade

Kronospan Bulgaria, the Burgas-based producer of chipboard products, said it will spend 5 mln euro to install a device for the wet filtration of aromatic hydrocarbon and dust particles. Work on the project is set to get ... More

Contract signed for sale of Poliester from Priboj

Representatives of the Serbian Privatisation Agency and the Share Fund signed today the contract for the sale of shares from the portfolio of the Share Fund of the company Poliester from Priboj. The agreement was signed with ... More