MEP Teknik to exhibit at ITF
MEP Teknik will take part for a consecutive year
in the upcoming edition of the International Techni-
cal Fair, which will take place between September
25 - 30 2017 in Plovdiv, informs the company.
At its stand (A1 in Hall 14) MEP Teknik will
present the products it offers in the field of indus-
trial painting - specially developed infrared systems
for polymerization and drying, as well as advanced
heat cleaning furnaces.
"Stricter environmental regulations and require-
ments for improved working conditions, as well as
customers' demands for high quality processes,
impose the implementation of this heat cleaning
technology more and more. In addition to extreme-
ly low operating costs, the method has a number
of advantages - it does not pollute the environment
and does not create health risks for the workers.
Moreover, the furnaces are highly reliable thanks
to a secure protection system and a variety of pro-
grams for different paint coatings and metal thick-
ness," explain the experts from MEP Teknik.
The Macedonian industry
discussed the proposed
regulation for industrial
The Metallurgy Association in Macedonia orga-
nized a meeting in the country's Economic Chamber
which brought together representatives of the indus-
try. The aim of the meeting was to discuss the pro-
posed regulation for industrial emissions. The mem-
bers of the bigger manufacturing and energy com-
panies in Macedonia presented their pre-prepared
remarks and suggestions on the regulation.
The legal text, submitted to the industry for dis-
cussion, has to be adjusted to the current situation in
the business sector, the company representatives
agreed. Their remarks on the proposed document
referred to the need of clarifying all definitions and
their harmonization with the other definitions of the
national legislation, the questions related to the best
available technologies and the period of transition
that is asked to be extended from 4 to 9 years.
All the remarks and suggestions presented at
the industry meeting will be systematized and de-
livered to the Ministry of environment and physical
planning for review.
Teklas to expand its business in
The European Bank for Reconstruction and De-
velopment announced it was going to provide a
EUR 20 million loan to the Bulgarian subsidiary of
Teklas Kaucuk, based in Kardzhali. Teklas is a
Turkish manufacturer of fluid circulation systems
and anti-vibration parts for automotive applications.
The investment project will support the company's
further expansion in Bulgaria after in 2012 EBRD
provided a smaller loan (EUR 6 million) for the mod-
ernization and initial expansion of the facility.
The Bulgarian unit of Teklas is its largest subsid-
iary and has over 1800 people staff. It plans to es-
tablish a research and development center to further
develop its technological capacity, EBRD reported.
The expansion project also includes the building of a
new manufacturing unit for high-precision metal
tubes. The main purpose of the investment is to in-
crease the production capacity of Teklas in Bulgaria
in response to the growing demand. A part of the
financing will be used for the refurbishment of the
company's plant in Serbia, to further strengthen the
company's business positions in the area.
Teklas was founded in 1971 in Turkey. Nowadays
the company operates a total of nine production fa-
cilities in five countries: Turkey, Bulgaria, Serbia,
Mexico and China. Among its clients are major glo-
bal carmakers such as General Motors, Volkswagen,
Volvo, BMW, Mercedes-Benz and Renault.
"Teklas Bulgaria is an anchor for the town of
Kardzhali and the country's southern region. Its fur-
ther expansion - and the EBRD's continuous sup-
port - means economic growth and employment.
We welcome in particular Teklas commitment to
training local engineers and technicians for the new
R&D centre through education programmes and
know-how training", Larisa Manastirli, EBRD Direc-
tor for Bulgaria, commented.
"As Teklas, we are pleased to strengthen our re-
lations with the EBRD, which has played an impor-
tant role in our success story in Bulgaria since the
start of our relationship in 2012. Our aim is to man-
age increasing customer expectations with our cut-
ting-edge technologies and provide innovative
ideas from our R&D centre considering the latest
trends", Nebi Anil, the CEO of Teklas, added.
EBRD is financing a major renew-
able energy programme in Greece
The first project under the recently launched
Greek Renewable Energy Framework was signed
by the European Bank for Reconstruction and De-
velopment. The Bank announced it had subscribed
EUR 23,3 million in bonds issued by Hellenic Pe-
troleum - a Greek energy company, expanding its
business activities towards the renewable energy
sector. The investment is planned to support the
company in the implementation of several photo-
voltaic and wind projects, amounting a total capaci-
ty of 190 MW.
The EBRD launched its renewable energy
framework worth EUR 300 million earlier this year.
The main purpose of the fund is "to finance in-
vestments in electricity generation from renewable
sources and in electricity distribution and trans-
mission capacity to improve efficiency, reduce
losses and enable the integration of renewables
into the grid", the Bank explained.
The programme was introduced in Greece short-
ly after a market-based renewable energy support
scheme was established in the country. The
scheme includes competitive auctions to replace
fixed-price feed-in tariffs. Elpe Renewables - a
subsidiary of Hellenic Petroleum, active in the re-
newable energy business, already submitted suc-
cessful bids for three photovoltaic power plants in
the first such auction and has more projects un-
"The EBRD's Framework is designed to support
Greece in realizing its huge potential for renewable
energy. Strengthening solar, wind, biomass and
geothermal sources will lessen the dependence on
fossil fuels and imports", the Bank further clarified.
"We are very pleased to support Hellenic Petro-
leum in diversifying their business into renewable
energy. Our new renewables support scheme in
Greece lays a sustainable foundation for the devel-
Source: MEP Teknik
Source: Economic chamber of Macedonia