Agreement on the construction of Trans-Balkan energy corridor signed – Montenegro, 7 July 2016

An agreement on the construction of Trans-Balkan energy corridor through Montenegro has been signed. It is 25 million euros worth, financed by the European Union and implemented by the German Development Bank (KfW).
The agreement was signed by Montenegrin Minister of Economy Vladimir Kavaric, Board member of KfW Bank Roland Siller and CEO of Montenegrin electricity transmission system operator CGES Ivan Bulatovic.

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