Call for Technology Specific RES Tenders - July 2020

Authors: Gus J. Papamichalopoulos, Konstantinos Varelas, Manos Nimas, KG Law Firm The current support scheme for RES and CHP projects in Greece was introduced by virtue of Law 4414/2016 (hereinafter referred to as “RES Support Law”) in alignment with the EU Guidelines on State aid for Environmental Protection and Energy 2014 - 2020. The RES Support Law provides for the support of RES electricity production plants on the basis of operating aid in the form of a sliding feed-in premium added to the compensation received from the participation in the electricity market in order to reach a reference…

Second Railway Track Divaca-Port of Koper

The Divaca–Koper track is important for the international railway freight transport, as the existing track represents a bottleneck on two core European railway corridors.

Renewable Energy Integration Project

The Renewable Energy Integration Project carried out by the Turkish Electricity Transmission Company (TEIAS) aims to enhance the transmission infrastructure to support the integration of wind power plants to the electricity transmission grid.

Hydroelectric Power Plants as a Start-up Project of the Domestic Economy

The current Slovenian Government coalition is committed to accelerating the deployment of hydropower plants on the middle Sava river and to start building the last hydroelectric power plant (Mokrice) on the lower Sava. These projects, which are also part of the national energy and climate plan, are supposed to help revive the Slovenian economy. Even though the concessionaire for hydroelectric power plants on the middle Sava was selected 15 years ago - the company Holding Slovenske elektrarne (HSE) - the concession agreement has not yet been signed.  The construction of the Mokrice hydroelectric…

Kanal Istanbul

“Kanal Istanbul” is one of Turkish mega infrastructural projects.

Possible IPO of the National Telecom Company

The Serbian Minister of Finance stated that one public company may be listed on the Belgrade Stock Exchange in 2020. It is speculated that Telekom Srbija is the state-owned telecom company that may have its shares traded on the Belgrade Stock Exchange. There is no recent estimation of Telekom Srbija’s value.

Sale of Sojaprotein

Sojaprotein is a member of Victoria Group and it is the largest factory for processing of soy in Serbia. The company exports its products for human and animal use to more than 50 countries globally.

The Sale of a Major Slovenian Tourist Agency KOMPAS on Hold

KOMPAS d.d. is for sale as part of Fortenova group's divestment of non-core businesses.

Financing of Belgrade Metro Project

Belgrade metro will consist of two lines that should be developed in two stages in the period 2020 – 2025. The total value of the project is approximately EUR 4.4 billion. In September 2019 the Work group, formed by the Serbian government, decided that the Republic of Serbia will be the investor in developing the Belgrade metro. However, it is still not entirely clear how the project will be financed – directly from the State budget with loans from development banks or through some form of private-public initiative. The Work group also decided that the Government should name a special financial…

Electric Vehicle Plant

At the end of 2019, Memorandum of Intent for building an Electric Vehicle Plant was signed by and between the Executive Director of InvestBulgaria Agency and the executive directors of the Korean-Chinese company Songuo Motors and Italian - Hadid Holding. The two companies announced their intention to invest USD 200 million in Bulgaria to build a plant for production of electric vehicles.

Construction of Several Facilities in Belgrade for Wastewater Treatment

This project includes the construction of a sewage system in Kaludjerica borough in Belgrade and construction of wastewater treatment facilities in Ostružnica and Obrenovac boroughs in Belgrade. Belgrade city Government is currently preparing project documentation for the Kaludjerica project and it is expected that the tendering procedure for the construction of the facility will be initiated at the beginning of 2021. The dates for the tendering procedure for the construction of Ostružnica and Obrenovac facilities have not been disclosed yet.

The Sale of Rogla Ski Resort and Zrece Thermal Spa Temporarily Suspended

UNIOR d.d. announced the sale of its subsidiary UNITUR d.o.o. , which is active in tourism and owns the Rogla Ski Resort and Zrece Thermal Spa.