A joint Croatian–Montenegrin consortium has emerged as the top-ranked bidder in Montenegro’s long-delayed tender to modernize state-owned oil storage tanks at the port of Bar. The winning bid was submitted by Croatia’s S.A.K.Z. in partnership with several Montenegrin companies, with a total value of 1.74 million euros, narrowly undercutting a competing offer from a Montenegrin–Serbian […]
Qair Montenegro plans 60 MW Jabuka solar power plant as part of regional expansion Read More »
Qair Montenegro is preparing to develop a new solar power plant in the municipality of Niksic, with a planned installed capacity of 60 MW. The Montenegrin Government has granted the investor the necessary urban and technical conditions to move forward with the project. According to the approved documentation, the planned facility, named Jabuka, will be
Hungary: Paks nuclear expansion ahead of schedule, first concrete pour set for February Read More »
Preparatory works at Hungary’s Paks nuclear power plant expansion have progressed well ahead of schedule, allowing the project to enter a critical construction phase sooner than expected. According to Foreign Affairs and Trade Minister Peter Szijjarto, technical activities directly preceding the first concrete pour are set to begin as early as next week. Minister Szijjarto
The Croatian Energy Regulatory Agency (HERA) has approved a new set of electricity transmission and distribution fees that will take effect on 1 January 2026. The revised charges were adopted as part of HERA’s statutory role under the Electricity Market Act, aimed at regulating network fees and ensuring the stability of the domestic energy system.
State-owned power utility ERS has formally taken the first step in the environmental approval process for its planned Hrgud wind farm by submitting documentation for a preliminary environmental assessment. The proposed facility is expected to have an installed capacity of 60 MW and is planned for the municipality of Berkovici, where it would be among
Electricity market coupling between Montenegro and Italy marks a structural break in the evolution of Southeast Europe’s power market. It is not simply a bilateral integration exercise or a technical extension of an existing submarine cable. It represents the first instance in which a Western Balkan market is directly anchored to a large, liquid EU
Europe’s Carbon Border Adjustment Mechanism (CBAM) has introduced a new dimension of industrial competitiveness: the carbon clock. Every year that passes without decarbonisation increases the cost burden for exporters selling into the European Union. For Serbia, whose manufacturing base is heavily reliant on electricity-intensive processes, CBAM represents both a challenge and an opportunity. The challenge
By 2030, Serbia will be defined by the decisions it makes today about electricity, industrial policy and renewable energy. Two futures exist in parallel. In the first, Serbia becomes the leading nearshore manufacturing hub for Central and Western Europe, powered by renewable electricity, robust engineering talent and advanced fabrication capabilities. In the second, Serbia fails
The global industrial landscape is reorganising around energy. For decades, labour cost and geographic proximity were the core determinants of manufacturing location. Today, green electricity—its price, availability and carbon profile—has emerged as the most important variable in European industrial planning. Serbia stands at a unique intersection: it possesses competitive labour, strong engineering capability and geographic
Europe’s industrial model is shifting toward a new competitive equation. The old formula—low-cost labour plus manufacturing scale—is being replaced by a triad: labour × engineering × green electricity. Countries capable of delivering all three will dominate the industrial landscape of the next decade. Serbia is one of the few near-EU economies positioned to combine these factors,
