EBRD and ENEF join forces to support manufacturing company APM, by Axel Reiserer, 25 August 2017

EBRD and ENEF join forces to support manufacturing company APM, by Axel Reiserer, 25 August 2017

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EBRD and ENEF join forces to support Albanian manufacturing company APM, by Axel Reiserer, 25 August 2017 €1.8 million joint financing to fund investment programme The EBRD and the Enterprise Expansion Fund (ENEF) are jointly providing €1.8 million in financing to support the expansion of Albanian company APM, a leading local manufacturer of fabricated metal products. The funds will co-finance a €3.7 million investment plan including the purchase of machinery and equipment to support the expansion of capacity in response to growing demand from existing and new clients. The investment will also allow APM to strengthen its competitiveness and position in European Union markets through a wider product range and improved product quality. APM is a fully owned subsidiary of Alb-Star Sh.p.k., one of the largest private construction and engineering…
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Wild capitalism threatens the untamed rivers of Southeast Europe, By Clare Nuttall, 7 August 2017

Wild capitalism threatens the untamed rivers of Southeast Europe, By Clare Nuttall, 7 August 2017

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Wild capitalism threatens the untamed rivers of Southeast Europe, By Clare Nuttall in Bucharest, August 7, 2017 Wild capitalism threatens the untamed rivers of Southeast Europe The Vjosa in Albania is the last major "wild river" in Europe. Southeast Europe is seeing an explosion in hydropower investment as developers finally wake up to the potential of the last unexploited rivers in Europe. However, inadequate regulation and oversight of the sector are raising concerns about both the environmental impact and whether these investments are sustainable, especially given the expected impact of climate change in the coming decades, which is being so vividly illustrated by the current Lucifer heatwave that is bringing scorching temperatures across Southern Europe. The hydropower resources of most Southeast European countries, especially those in the Western Balkans, are…
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KESH announces import of power to meet Albania’s needs, SCAN, 24 August 2017

KESH announces import of power to meet Albania’s needs, SCAN, 24 August 2017

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KESH announces tender for import of power supply to meet Albania’s needs, SCAN, 24 August 2017 The Albanian Power Corporation has opened a bid for the import of electricity a few days after the World Bank authorized a loan of $ 22.4 million for energy purchases. The interested companies have a deadline until August 29 to present their bids. Referring to the official offer request, KESH will buy 129,600 megawatts of energy from June 1 to June 30, KESH has to provide only one part of the import energy for September in order to fully guarantee consumption in the country. Meanwhile, for the two months of summer, July and August, OSHEE has paid 53.6 million euros in total for the purchase of electricity. The preferred criterion will be the lowest…
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