EDITOR'S CHOICE - Top stories of the week

Following is a selection of top stories and interviews moved by SeeNews over the past week:

SERBIA'S EPS STARTS 70 MLN EURO UPGRADE OF HPP ZVORNIK

Serbian state-owned energy utility EPS said on Monday it has started upgrade works at its 96 MW hydro power plant (HPP) Zvornik worth 70 million euro ($79.6 million) that will extend its life span by 40 years.

RP GLOBAL TRIALLING WPP RUDINE IN CROATIA, COMMISSIONING SEEN BY END-NOV

Austrian privately-held power producer RP Global Group has deployed all 12 turbines making up its 34.2 MW Rudine wind park near the Adriatic town of Dubrovnik, and is starting the official test run of the facility, RP Global’s country manager for Croatia said.

SLOVENIA'S PIPISTREL TO SUPPLY 194 LIGHT AIRCRAFT TO INDIAN ARMY

Slovenian light aircraft maker Pipistrel said on Monday it has won a tender to supply 194 aircraft to the Indian armed forces.

HEINEKEN LENDS 141.5 MLN EURO TO SLOVENIA'S PIVOVARNA LASKO TO REPAY DEBTS

Slovenian beverage group Pivovarna Lasko said on Thursday it has received a long-term loan in the amount of 141.5 million euro ($161.4 million) from its new majority shareholder, Dutch brewer Heineken International.

Read more at: wire.seenews.com/news/update-1-heineken-lends-141-5-mln-euro-to-slovenias-pivovarna-lasko-to-repay-debts-497558

BULGARIAN SOFTWARE CO SIRMA GROUP RAISES 5.9 MLN EURO IN IPO

Bulgarian software developer Sirma Group said on Friday it has successfully closed its initial public offering (IPO) on the Bulgarian Stock Exchange, raising 11.5 million levs ($6.7 million/5.9 million euro).

BULGARIA'S KOZLODUY NPP, RUSATOM SERVICE SIGN 24.7 MLN EURO DEAL

Rusatom Service, part of Russian state-owned nuclear corporation Rosatom, has signed a 24.7 million euro ($28.1 million) contract to upgrade the generator equipment of one of the units of Bulgaria's Kozloduy nuclear power plant (NPP), Rosatom said on Friday.

INTERVIEWS

REGIONAL ASSET MANAGER MAY HELP DRAW NPLS INVESTORS TO SEE REGION – IMF

A regional Asset Management Company (AMC), which would buy non-performing assets from banks located in different countries in Southeast Europe (SEE) and sell them to foreign investors, could help reduce transaction costs and create sufficient volume to attract large institutional buyers, a spokesperson for the International Monetary Fund (IMF) said.

INTERVIEW – ALSTOM SEES RETRO-FITS AS MORE VIABLE BET IN SEE THAN GREENFIELD POWER INVESTMENTS

BELGRADE (Serbia), October 15 (SeeNews) – Retro-fits of existing power plants in Southeast Europe (SEE) provide more business opportunities in the region over the near to medium term than long-gestating large-scale investment projects, the Alstom general manager for Serbia said.

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