EBRD and EU supported 289 projects in Serbia: 45.5 million euros allocated for green investments

The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) supported 289 environmental investment projects by small and medium-sized enterprises in Serbia through the "SME Go Green" program, which mobilized 45.5 million euros of investments in green technologies, energy efficiency and more sustainable production, the EBRD announced today.

The initiative, launched at the end of 2023 in the Western Balkans, combines financing through local banks and leasing companies, EU grants and free technical assistance to companies investing in energy efficiency and green technologies.

Recommended

At the level of the Western Balkans, the program has so far supported 450 projects and mobilized more than 80 million euros of investments.

By the end of September 2026, the realized investments enabled annual energy savings equivalent to the consumption of more than 12,000 households.

The "SME Go Green" program allows Serbian small and medium-sized enterprises to receive EU grants in the amount of 15 percent of the total value of loans for projects of renewable energy sources, agribusiness and related value chains, or 10 percent for other eligible investments.

EBRD cites the company DMA Koping, which produces aluminum, glass and steel structures, as well as modern facade systems, as a positive example of the impact of the program.

With the support of the program, the company invested in a new automated production line for the production of insulating glass, which increased production capacity, reduced downtime and waste, and improved production planning, the EBRD states on its website.

In addition to reducing energy consumption and emissions, the EBRD points out that investments in modern equipment for small and medium-sized enterprises enable higher productivity, better product quality and safer working conditions, as well as easier compliance with the technical, environmental and market requirements of the European Union.

(Telegraf Biznis/Tanjug)