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Turkey Privatizes Four Hydro Plants

Turkey Privatizes Four Hydro Plants

Abdulmecit Modoglu Insaat Sanayi ve Ticaret AS won the tender for the privatization of the four hydropower plants, at a cost of 30.54 million Turkish liras, Turkey's privatization administration announced Thursday in Ankara. The four plants are located in various cities of Turkey's southern region

Bulgaria Invited Qatar to Build Roads Together

Bulgaria Invited Qatar to Build Roads Together

The Minister of Regional Development and Public Works Nikolay Nankov held a meeting with the Minister of Transport and Communications of Qatar Jassim Saef Ahmed Al-Sulayti. The two discussed the results of the bilateral cooperation so far and shared ideas for joint future projects. At the beginning of the meeting Minister Nankov congratulated the impressive opening ceremony of the largest port in Qatar

NATO Chief Says All States Must Apply Sanctions to North Korea

NATO Chief Says All States Must Apply Sanctions to North Korea

NATO head Jens Stoltenberg said on Thursday all countries must comply with sanctions on North Korea as the international community ratchets up pressure on the reclusive regime following its largest nuclear test to date

EU Paves the Way to Greek Economic Growth

EU Paves the Way to Greek Economic Growth

The European Commission welcomed the August 5 inauguration of Greece’s Ionian Highway, the construction of which was fully funded by the European Union Cohesion Policy funds. The funding was part of measures the Commission put forward in the 2015 under the "A New Start for Growth and Jobs in Greece” plan

China, Denmark to Build Wind Farm

China, Denmark to Build Wind Farm

Denmark’s Energy Minister Lars Christian Lilleholt told Reuters that his country has decided to work with China to build a wind farm of China’s shores. The news came after his meeting with the director of China’s National Energy Administration, Nur Bekri

Trump Tweets about Countries that Trade with North Korea

Trump Tweets about Countries that Trade with North Korea

The United States could stop all trade with countries that do business with North Korea, according to US President Donald Trump. He tweeted on August 3: "The United States is considering stopping all trade with any country doing business with North Korea.”

Petrofac Secures €340 Mln Turkstream Contract

Petrofac Secures €340 Mln Turkstream Contract

Jersey based oil field services company Petrofac secured a €340 million contract along with Gazprom subsidiary South Stream Transport BV to build a gas receiving terminal in Turkey, the company announced on Tuesday

Norways Giant Fund Raises Stake in London Property

Norway's Giant Fund Raises Stake in London Property

Norway's wealth fund acquired an additional 25 percent interest in a London property for 112.5 million pounds ($145.7 million), the sovereign wealth fund's operator, Norges Bank Investment Management (NBIM) announced on Monday

Romania: Ford Produces Last B-Max Car at Craiova Plant

Romania: Ford Produces Last B-Max Car at Craiova Plant

US car manufacturer Ford produced the last B-Max unit at its plant in Craiova, Southern Romania, on September 1. The company will produce the EcoSport SUV instead of the B-Max in Craiova starting this fall

Aachen Issues Iodine Pills Scaling up Preparations for Belgian Nuclear Leak

Aachen Issues Iodine Pills Scaling up Preparations for Belgian Nuclear Leak

The city of Aachen issued iodine tablets to its 150,000 residents and the surrounding population due to fears of nuclear leaks from Belgium’s Tihange nuclear power plant, the BBC reports. The city issues coupons exchangeable for pills that reduce the threat of thyroid cancer after a release of radiation. The pills are issued for individuals aged 3 to 46 in a different dosage

Gazprom Develops Power Generation Strategy for 2018–2027

Gazprom Develops Power Generation Strategy for 2018–2027

The Board of Directors of Gazprom said on August 30 that the Russian gas giant is working to develop an updated power generation strategy for 2018–2027, which will take into account the need for further modernisation of the existing generating capacities and for continued synergy between the gas and power businesses

EU Clears Acquisition of Joint Control Over METT by GE and Macquarie

EU Clears Acquisition of Joint Control Over METT by GE and Macquarie

The European Commission said on August 29 that it has approved, under the EU Merger Regulation, the acquisition of joint control over Markbygden ETT AB (METT) of Sweden by General Electric Company (GE) of the US and Macquarie Group Limited of Australia