South Stream company to be renamed to Serbian Stream – Serbia, 26 January 2018

Serbian company South Stream, established for the purpose of construction of the gas pipeline of the same name, will soon be renamed to Serbian Stream in order to build a new gas pipeline connecting Serbia and Bulgaria. Due to such plans, Serbian gas company Srbijagas will obtain short-term 15 million euros loan in order to […]

Fintel Energija expects to receive 15 million euros through its IPO – Serbia, 26 January 2018

The first Initial Public Offering (IPO) at the Belgrade Stock Exchnage should be realized by mid-2018, and the listed company will be the Serbian subsidiary of Italian Fintel Energia. The company expects to receive some 15 million euros from the IPO, which will be later invested in the construction of 117 MW Kosava wind farm […]

EPS to invest 3 million euros in Arandjelovac substation – Serbia, 26 January 2018

Serbian state-owned power utility EPS has laid the foundation stone for the new 110/20 kV substation in Arandjelovac, an investment worth some 3 million euros. Acting Director of EPS Milorad Grcic said during the ceremony that this will be the second substation in Arandjelovac and since the existing one is more than 60 years old,, […]