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Signing ceremony of grant worth 25 million EUR to build Trans-Balkan Electricity Corridor

Published date 05.07.2016 17:00 | Author PR Service

Ispis Print


Podgorica, Montenegro (5 July 2016) – Minister of Economy Vladimir Kavarić will speak tomorrow at 7:00 pm in Lastva Grbaljska at the ceremony marking the signature of contract to build Trans-Balkan Electricity Corridor (section Montenegro), financed by the European Union and implemented by the German Development Bank (KfW).

Head of Cooperation Section at the EU Delegation Andre Lys, member of Management Committee of German Development Bank for Europe and Asia Roland Siller, and CEO of Montenegrin Electrical Transmission System Ivan Bulatović will also speak at the ceremony.

The contract worth 25 million EUR, which is the EU grant, will sign on behalf of the Government of Montenegro Minister Kavarić, in front of the German Development Bank Mr Siller, and on behalf of the Montenegrin Electrical Transmission System Mr Bulatović.

The event is open to the public.