Bulgarian aluminium products manufacturer Alcomet [BUL:ALCM] has initiated a project worth over 136 million levs ($76.7 million/69.5 million euro) to expand its plant in the northeastern city of Shumen, the innovation ministry said.
Serbian oil and gas company NIS [BEL:NIIS] said it signed a memorandum on scientific and technological cooperation with China's Sinopec Petroleum Engineering Corporation.
Romanian power grid operator Transelectrica [BSE:TEL] said that it has established a green energy joint venture with foreign peers AzerEnerji, Georgian State Electrosystem, and Hungary's MVM.
U.S.-based chip maker AMD on Tuesday opened an engineering design centre in Serbia aiming to strengthen its presence in the region, local media reported.