MK Group investing in renewable energy sources in Serbia

MK Group investing in renewable energy sources in Serbia

Published at: 2019-06-19 09:30 | Author: CIJ Serbia
MK Group is planning a major renewable energy investment program through its subsidiary MK Biogas. The group is planning to begin producing electricity through the burning of biomass at a plant whose construction gets underway in Vrbas in September. Completion is scheduled for February 2020 with investment costs expected to run to more than €8.1m. There are currently just 12 biogas plants in Serbia. Raw materials include the by-products of farms and slaughterhouses as well as sugar beets.

Similar Stories:

CITIC Dicastal to build €300m auto parts factory in Žďár nad Sázavou
The Chinese-owned supplier of aluminum auto parts CITIC Dicastal is planning to build a  »
Refrion opens factory in western Serbia
Refrion opened a new factory in Sabac, western Serbia. The Italian company manufactures re  »
Samsung SDI expanding plant in Hungary
Samsung SDI is expanding its battery plant in God, near Budapest. The company will invest  »
Joyson Safety Systems investing HUF 16bn in Hungarian plant
Joyson Safety Systems will invest HUF 16bn to expand its plant in Miskolc, northeastern Hu  »
How does Bucharest’s investment market compare to Prague’s? There’s little compari   »
How much are you lending on infrastructure projects in Slovakia? How does it compare to ot   »
Should we believe people in the market when they say they’re working on five to six deal   »
Going into 2016, most observers assumed Czech retail assets would be a major investment ta   »