EIB is going to continue to help the development of Elektroprivreda Hrvatske Zajednice Herceg Bosna

The members of the management of the public company Elektroprivreda Hrvatske zajednice Herceg-Bosna d.d. Mostar had a meeting with the director of the European Investment Bank (EIB) in Bosnia and Herzegovina Marion Hoenicke and her colleague for financial affairs Simona Serami. They discussed the projects of revitalization and regular rehabilitation of the Capljina pumped storage hydropower plant and Rama hydropower plant. They also talked about the rehabilitation of the distribution facilities in compliance with the previously provided credits of this bank in the amount of 20 million euros, reported Elektroprivreda HZ HB.

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The director general of Elektroprivreda HZ HB Matan Zaric and the director of EIB Marion Hoenicke both expressed their satisfaction regarding their business cooperation so far. Apart from the current credit agreement the topics of the meeting were also new credit arrangements for realization of construction of the planned production facilities of Elektroprivreda, especially those related to renewables, in compliance with the decisions of the Government of Federation BiH, and further investments into the distribution network.

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