AGP Executive Report
Last update: 10 hours agoEnergy Infrastructure: CGES secured a €25m AFD-backed loan (with state guarantee) to modernise the Perućica and Pljevlja 2 substations, aiming to add up to 350 MW of hydropower integration and strengthen links with the Trans-Balkan network. Renewables Push: Masdar and EPCG advanced Montenegro execution with agreements for 150 MW of solar (Štedim 115 MW, Krupac 35 MW) plus a framework to explore 400+ MW pumped-storage, as part of a JV targeting up to 2 GW and future exports. Power Sector Investment: Montenegro’s telecom operators invested €71.44m in network development and high-speed services through 2025, per regulator Ekip, keeping capex elevated despite a dip from 2024. Procurement & Costs: Bulgaria’s electrical engineering association BASEL urged changes to public procurement rules after metal price surges threatened maintenance budgets for thermal/hydropower and grid equipment. Digital Transformation: A Western Balkans policy brief argues the private sector and regional startup links are key to accelerating ICT-led growth and tackling brain drain. Industry & Trade Signals: Bosnia and Herzegovina reported foreign shoppers buying €40.5m KM of goods in H1 2026, with VAT refund requests down after rule changes raising the minimum eligible purchase value. Environment & Risk: EU satellite data shows 2026 wildfires already burned 250,000+ hectares, with Spain hit hardest.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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