Energy

Solar park opens in Beocin

BEOCIN - Serbian Minister of Energy Aleksandar Antic has opened a 1 MW solar power plant in Tancos, Beocin municipality, near Novi Sad.

The investment is worth EUR 2 million, with EUR 1.4 million secured from an Erste bank loan.

The 2.5-hectare solar park, which has 4,500 solar panels, is one of the largest in Serbia, Antic told reporters on Wednesday after opening the plant.

Russia to Cut Gas Supplies to Poland

Russian energy concern Gazprom is to slash gas deliveries to Poland by 24 percent, Polish state company PGNiG has announced.

Gazprom has not yet commented on the information, but experts suggest the step comes in retaliation to the prospect of new EU measures against Moscow.

Supplies dropped by 20% on Monday, according to PGNiG officials.

KMG International to divest Zalau-based industrial fittings producer Rominserv Valves Iaifo

KMG International, owner of the Zalau-based producer of cast iron and steel industrial fittings Rominserv Iaifo Valves, plans to sell this asset to a partner interested in continuing the production activity; company representatives assured that the divestment decision will not imply layoffs or other restructuring moves.

China Nuclear Power Corporation, the only bidder for construction of Cernavoda reactors 3 and 4

China Nuclear Power Corporation is the only company that has submitted an offer to participate in the tender organised by the Romanian state for the construction of reactors 3 and 4 of the Cernavoda nuclear plant (southeastern Romania), the general manager of the National Company Nuclearelectrica, Daniela Lulache, announced on Tuesday.

Slovakia Starts Shipping Gas to Ukraine via Vojany-Uzhgorod Pipeline

Slovakia starts shipping natural gas to Ukraine.

The Vojany-Uzhgorod reverse gas pipeline, which passed tests successfully in August, is to supply up to 10 billion cubic meters of gas per year to Ukraine at a price of USD 360 per 1000 cubic meters, down by USD 25 from the price offered by Russian Gazprom to Ukraine, according to reports of the Bulgarian National Radio.

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