Agreement between Energoinvest dd Sarajevo and the Electric Power Industry of Serbia related to delivery (purchase) of three substations strength of 110 kilovolts, the total value of 1,465,472 euros.
Between Energoinvest d. d. Sarajevo and Energoinvest Switchgear Equipment a. d. East Sarajevo signed an agreement relating to the production of equipment for the previous contract, which will be built in three substations in the Electric Power Industry of Serbia.
At the same time, signed the agreement (statement) on the accession of Energoinvest – Switchgear Equipment “Union Business“ Energoinvest group.
The contracts were signed by Nikola Rakic, project manager by World Bank (WB) APL2 and President of the Commission for the award of contracts under the authority of the Director General of Electric Power Industry of Serbia, general manager of Energoinvest – Switching equipment a. d. East Sarajevo Blagoje Lenovo and Džemail Vlahovljak, director Energoinvest d. d. Sarajevo.
Signatories welcomed the conclusion of the said business arrangement, and expressed willingness to expand business cooperation.
Rakic, on behalf Elektroprivede Serbia pointed out that there is interest in strengthening business cooperation in the region and announced new steps on this issue, bringing it in connection with a new loan from WB, which is currently underway.
Vlahovljak pointed out that the latest act of signing the contract provides conditions for the successful continuation of Energoinvest presence in Serbia.
Lenovo has said it is a significant step forward in the energy sector in BiH and emphasized the expectation that the established cooperation result in strengthening the capacity of design, engineering and manufacturing, as well as significant performance Energoinvest in the markets of the two countries in the region and beyond.