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Connecting The Region 2024 no. 2

Articles

Branimir Jovanović, Economist at the Vienna Institute for International Economic Studies (wiiw)

Enabling Green Transition in the Balkans

It’s easy to feel despondent when thinking about the green transition in the Balkans. The energy required to generate one dollar of GDP is...

Jakov Milatović, President of Montenegro

Montenegro to Join the EU by 2028

What we want from the EU Growth Plan is for it to help us accelerate our socioeconomic convergence with the Union. We believe that...

Countries Overview 2024

Albania

Committed to the Struggle for a Green Future

On the one hand, the country almost exclusively uses hydropower and virtually no gas, yet it has no recycling programmes whatsoever. It has the...

Bosnia and Herzegovina

Clean Air is the Main Goal

The awareness of the population has since evolved significantly, although the people still fail to recognise most of the benefits of energy efficiency, primarily...

Croatia

Implementing All EU Directives Consistently

In following EU directives, Croatia tailored its development strategies to the principles of sustainability, while also placing an emphasis on tangible measures with which...

Kosovo*

Pioneering the Use of Solar Energy for Heating

Kosovo’s aspiration to apply ESG pillars, despite being at an early stage, is considered a strategically sound decision, because respecting these principles brings additional...

Montenegro

Respecting ESG Standards Accelerates EU Accession

Pursuing the Green Agenda is among Montenegro’s priorities in the EU accession process, because the state leadership believes sincerely that implementing standards related to...

North Macedonia

Supporting Investments in Renewables

It was with this in mind that it adopted the National Sustainable Development Strategy in 2020, the aim of which is to promote social,...

Slovenia

Targeting the Doubling of Solar Power Production

The Climate Strategy envisages Slovenia becoming a society based on sustainable development by 2050, which is why it is striving to efficiently manage energy...

Serbia

Investing in the Future of Green Hydrogen

Serbian public interest in topics related to the environment and climate change has been on the rise in recent years, a positive contribution to...

Leena Ylä-Mononen, Executive Director of the European Environment Agency

Shared Values and Commitment

We strongly believe that building our cooperation with Western Balkan partners in the years ahead will bring additional value to the EEA and its...

Majlinda Bregu, Secretary General of the Regional Cooperation Council

Huge Potential for Collaboration

Despite facing challenges, the Western Balkan region must commit itself steadfastly to the green transition, as backtracking isn’t sustainable when it comes to energy...

Bojan Kumer, Slovenian Minister of the Environment, Climate and Energy

Very Clear Tasks

The Western Balkan countries need to step up their decarbonisation measures through the increasing of their interconnectedness, the diversifying of energy sources and the...

Rok Capl, Director, SPIRIT Slovenia

Hard Work and Excellence

In the domain of green transition, business development agency SPIRIT Slovenia possesses invaluable knowledge and practices that have been honed over decades of fostering...

By Novica Mihajlović, Journalist

The Green Deal is a Big Deal

The number of climate change sceptics has fallen dramatically over the last year. Last August saw large swathes of Slovenia devastated by catastrophic floods,...

Dubravka Đedović Handanović, Serbian Minister of Mining and Energy

We Can’t Do Without European Support

As they navigate the energy transition process, EU member states have been able to count on generous financial support from the EU. And our...

Aleksandar Kovačević, Oxford Institute for Energy Studies (OIES)

Pacta Sunt Servanda!

In Vienna on 14th December 2023, the Ministerial Council of the Energy Community concluded: “The Ministerial Council expressed its serious concern over continued noncompliance...

Aleksandar Ljubić, Executive Director of the Foreign Investors Council of Serbia

ESG Principles Are Vital

In its activities to date, FIC Serbia has focused to a large extent on digitalisation, responsible business operations, the essential requirements of the green...

By Dragan Županjevac

Running Late, but Catching Up

Global climate change, together with pollution and biodiversity loss, forms part of the planetary triple crisis, as defined by the United Nations Environment Assembly,...

Nemanja Drobnjak, COO of CBS International

Expanding Real Estate’s Golden Age

As a regional leader in the real estate sector, CBS International has been strengthening its presence in Central Europe since last October’s opening of...

Kreshnik Bekteshi, North Macedonian Economy Minister

Smoother Transition to the Green Agenda

The region, including North Macedonia, is actively pursuing ambitious energy transition plans and is striving to attract investments to bolster these projects Decarbonisation is at...

Viktor Mizo, President of the Foreign Investors Council of North Macedonia

Positive Momentum for Green Transition

In the dynamic landscape of the North Macedonian economy, the country’s Foreign Investors Council (FIC NM) is a pivotal force in driving economic growth...

By Dejan Azeski, Jurnalist

“Greening” Without Enthusiasm

Certain progress has been achieved over the past two years when it comes to advancing the Green Agenda in North Macedonia, as is particularly...

Nik Gjeloshaj, Montenegrin Deputy Prime Minister of Economic Policy

Committed to a Green Future

The Government of Montenegro is strongly committed to advancing the green transition, developing policies and programmes, as well as enhancing administrative capacities for the...

Arijana Nikolić Vučinić, Executive Director of the Montenegrin Foreign Investors Council

Utilising Vital Green Expertise

For more than 15 years, the dedicated efforts of the Montenegrin Foreign Investors Council have served to significantly advance the business environment in Montenegro,...

Biljana Braithwaite, Founder of the ESG Adria Summit

Responsible Governance is Crucial

The European Union’s six-billion-euro Growth Plan for the Western Balkans holds immense potential for the region, possibly doubling its economy over the next decade...

By Željka Radulović, Journalist

Much Talk, Few “Green” Policies

A whopping 32 and a half years have elapsed since Montenegro was first declared an ecological state. And yet, just like that first day,...

HENKEL

Longstanding Regional Business Practices

Henkel has been present in our region for decades, with operations in Slovenia, Bosnia & Herzegovina, Croatia and Serbia. It has production sites in...

Nicolas Marquier, Regional Manager for the Western Balkans at the International Finance Corporation (IFC)

ESG also Vital for Banking

As part of the upcoming ESG Adria Summit, the IFC is organising a capacity building event for banking associations from the Western Balkans intended...

Ivan Bulatović, CEO, Electric Power Company of Montenegro

Focus on Capital Projects

Here we discuss planned investments, the construction of new energy facilities that are primarily based on renewables, the modernisation of existing production facilities, and...

Avolta

The Store of the Future

Having successfully operated the duty-free stores in the airport since 2006, new contract signifies more than just the extension of a business agreement; it...

Petr Hermann, President of the Schneider Electric cluster for Southeast Europe

Making an Impact

We discussed digitalisation and the modernisation of energy infrastructure, software being developed by the company’s Serbian team in Novi Sad, the building of the...

Milica Obrenović, Senior Specialist for Operational Risk and Internal Control at Addiko Bank

ESG Strategy Implemented Consistently

The concept of sustainable operations should penetrate all structures of a company, which in the case of Addiko Bank is confirmed by initiatives which...

Chad Blewitt, Acting Managing Director of Rio Tinto’s Jadar Project

Mining’s Role in Europe’s Sustainable Future

Chad Blewitt is the acting managing director of Rio Tinto’s Jadar Project, which is regarded as being among the most significant lithium deposits in...

ElcomBGD

Smart Traffic Solutions for Client Full Satisfaction

From the Belgrade Waterfront to Kotor “on the water”, ElcomBgd implements effective solutions of adaptive traffic management that prove successful at easing and quickly...

Nina Lakičević, Director of the Tourist Organisation of Tivat

Tivat Lives Year-Round

We have a good foundation when it comes to preparing for the season ahead. Preparations are underway for a rich calendar of events, through...

Dun & Bradstreet ESG Intelligence

Your Major Competitive Advantage

It is today unacceptable to maintain business relations with a company that has unethical practices, violates human rights or doesn’t respect environmental protection standards....

Dragan Vlahović and Jefimija Pavićević, Zeta Energy Danilovgrad

The Future Belongs to Green Projects

We are currently considering popular green projects and searching for projects related to the reconstruction of existing hydroelectric power plants or the construction of...

Mihailo Vukić, Owner, Allegra Cruises

Your next Cruise is just a Click away!

For booking Royal Caribbean cruises, a unique website adapted to the countries of the Region has been created. Thus, the long-standing successful cooperation between...

Prokopije Perić, CEO, Plus d.o.o. Podgorica

Confident in its Leading Position

We have always endeavored to diversify our business into as many categories as possible, in order for the stability of the company to be...

Emrush Ujkani, Executive Director of the European Investors Council (EIC)

Leaders of Sustainable Finance Practices

As a collective voice for the largest European investors in Kosovo’s private sector, the European Investors Council (EIC) is proud of the tangible contributions...

By Luan Hasanaj, Environmentalist

Civic Engagement and Institutional Responsibility

As one of the biggest environmental issues confronting Kosovo, environmental pollution not only demands immediate attention, but also cooperation among all those involved in...

Damir Habijan, Croatian Minister of Economy and Sustainable Development

Staunch Supporter of the Green Deal

Croatia is dedicated to the European Green Deal and is striving to achieve climate neutrality by 2050, having made substantial decarbonisation efforts in the...

Tomislav Šlat, Secretary General of the Foreign Investors Council of Croatia

Leap Forward Required

In today’s global economic environment, communication and cooperation between the private sector and the public administration within countries is becoming more important by the...

By Adriano Milovan, Journalist

Carelessness is Costly

It was almost 15 years ago that a huge dump appeared suddenly in the vicinity of the village of Biljani Donji near Croatia’s fifth...

Vedran Lakić, Minister of Energy, Mining and Industry of the Federation of BiH

Political and Cultural Shift

Three recently adopted laws that regulate the energy field in a comprehensive way represent a significant advance in the green transition of the Federation...

Sanja Miovčić, Executive Director of FIC Bosnia and Herzegovina

Empowering the Communities in Which we Operate

The Foreign Investors Council of Bosnia and Herzegovina is determined to support all initiatives linked to the transition to green energy, the circular economy...

By Armin Zeba, Journalist

Chimney in the Lungs

According to research conducted by the World Health Organization and other institutions of global importance, Bosnia & Herzegovina is Europe’s most polluted country, while...

Marinela Jazoj, Executive Director of the Foreign Investors Association of Albania

Albania is Greening Fast

Amid climate change challenges, Albania, which is primarily reliant on hydropower, is transitioning to a resilient green economy by diversifying into solar and wind...

By Geri Kolgega, Journalist

Rivers don’t Forgive

When it emerged from the challenging communist era back in 1991, Albania set its sights on Western democracy and a future aligned with Europe....

Driant Zeneli, Albanian visual artist

Still Waiting to Join Europe

In today’s globalised yet divided world, art has also changed, as has the attitude toward the notion of nation, with many artists and intellectuals...

Labour Force

Even Greater Scramble for Good Workers

The start of March saw the launch of the Open Balkan common labour market, which enables citizens of Albania, North Macedonia and Serbia to...

Borders (Green Lanes)

Reduced Waiting Times, Increased GDP

It was recorded in early March that haulage vehicles carrying goods from Serbia into the EU had to wait for up to 30 hours...