EIB and IDF sign €50 million loan to support faster post-COVID recovery

Montenegrin small and medium-sized enterprises (SMEs) and mid-caps in tourism and other sectors severely affected by COVID-19 will benefit from a €50 million loan that the European Investment Bank (EIB) has signed today with the Montenegrin Investment and Development Fund (IDF). The loan will provide immediate support for the faster …

EBRD to Improve Water Supply in Banja Luka

The 200,000-strong population of Banja Luka, the second largest city in Bosnia and Herzegovina, is to enjoy  better water supply and wastewater collection thanks to a loan of up to €6 million provided by the European Bank for Reconstruction and Development (EBRD). The Bank’s loan will be provided under EBRD Green Cities, a strategic …

How a Lagoon Became a Frontline Defence Against Climate Change

When Albert Pati moved closer to the sea to open a beach bar overlooking the Mediterranean in Albania, he never imagined that the sea would also be moving closer to him, now eroding the soil around his restaurant floor. Even before the outbreak of COVID-19, families and businesses around the …

Opatija Will Host the Leading International Gas Conference in Southeast Europe

The jubilee 35th edition of the International Scientific & Expert Meeting of Gas Professionals will open its doors on the 21st of October, 2020 traditionally in Opatija, Croatia. During three days of the event 600 delegates, representing more than 200 companies and institutions, 60 respected speakers, and 45 exhibitors from …

Total Production of Forest Assortments in Bosnia and Herzegovina Increased by 20 Per Cent

Total production of forest assortments in Bosnia and Herzegovina in the 1st quarter of 2020 increased by 20,29%, compared to the same period in 2019. Production of coniferous (softwood)   assortments is higher for 26,26% while the production of broadleaf (hardwood) assortments increases for 14,19%. Production of coniferous logs is 24,69% …