State does not consider EU funding for TPP Matra expansion – Hungary, 31 May 2017

Hungarian Minister for National Development Janos Fonagy said that the state does not consider applying for the EU funding of the project for the expansion of thermal power plant Matra. Minister Fonagy explained that Matrai Eromu Zrt, the company that operates the plant, is majority owned by German RWE and the state has only a […]

Legal process against Hernadi and Sanader officially terminated – Croatia, 31 May 2017

According to Croatian media, the process against former Croatian Prime Minister Ivo Sanader and CEO of Hungarian oil and gas company MOL Zsolt Hernadi, who were charged of receiving a 10 million euros bribe during the sale of shares of Croatian oil company INA to MOL, has been officially terminated. Zagreb County Court, where the […]

Gradina wind farm project delayed due to permit issuance – Bosnia and Herzegovina, 31 May 2017

President of the Federation of Bosnia and Herzegovina (FBiH) Miljenko Cavara met with the representative of China Machinery Engineering Corporation (CMEC) Zhang Weiwei, who informed the President on the implementation of the project for the construction of Gradina wind farm. Weiwei said that the cooperation between the investor and contractors is very good and that […]