Norinco To Build Wind Farms In Croatia

ZAGREB (Croatia), November 21 (SeeNews) – China’s Norinco International Corporation plans to invest 160 million euro ($182 million) in the construction of a 156 MW wind farm in Croatia, the Croatian government has said.

Norinco has launched the construction of the wind farm which have 39 turbines and will be located in the Brinje municipality, in Croatia’s north, the government said in a statement on Tuesday.

Part of the construction works will be carried out by Croatian subcontractors and at least 100 people will be employed in the next two years.

“I believe that the experience of Norinco in Croatia will be an incentive for other Chinese companies to get to know our market better,” Croatian prime minister Andrej Plenkovic said during a meeting with the president of Norinco, Wang Yitong.

Norinco is also interested in the implementation of major hydropower projects in neighbouring Montenegro, that country’s government said last year.

Read More

House Prices In Sofia Stabilize Due To Increased Construction

Housing prices in Sofia have frozen. According to information from Bulgarian Properties during the first three months, the average price in the...

Borissov: 3.7% Growth Proves Development Of Bulgarian Economy

Bulgarian economy has grown 3.7% more than in the same period last year, Prime Minister Boyko Borissov wrote on his Facebook profile. "In...

Bulgarians Spent Up To 2.4 Billion BGN During Holidays

We spent between 2.2 and 2.4 billion to welcome the Christmas and New Year holidays in Bulgaria. This was stated in the BNT morning show by...

Recent

Turkish F-35 Parts Manufacturers Consider Moving To Bulgaria

Turkish defence companies contracted to build parts for F-35 stealth fighter jets have been considering moving production to Bulgaria to sidestep possible...

HSBC To Fire 10,000 Employees

HSBC, a British bank, plans to fire up to 10,000 employees as part of a cost-cutting program under which new interim chief executive Noel Quinn is seeking...

Malta’s Refugee Problem

58,000 asylum applications in the EU have been filed since the beginning of this year, the European Asylum Support Office said. Half...