Kelag to Invest € 70m in Bosnia-Herzegovina

EnergyEnergy Source ♦ Published: September 29, 2011; 11:11 ♦ (Vindobona)

The Carinthian energy provider signed a contract on the expansion of the hydro power infrastructure in Republika Srpska.

Kelag to Invest € 70m in Bosnia-Herzegovina / Picture: ©

Kelag is speeding up its expansion in Eastern Europe. The Carinthian energy provider is currently planning four new plants in Republika Srpska, one of the two entities of Bosnia-Herzegovina, in addition to the hydro power plant in Novakovici which is currently under construction.

Gerald Berger, CEO of Kelag International, said that the company and representatives of Republika…