In its drive to promote energy savings and renewable energy solutions in Bosnia and Herzegovina, the European Bank for Reconstruction and Development (EBRD) is honouring local companies that have substantially cut their energy costs, enhanced their production and become more competitive.

On 3 October 2012, in an award ceremony that attracted representatives of the business and political communities in Sarajevo, the Bank named the six best projects financed under the Western Balkans Sustainable Energy Financing Facility (WeBSEFF). The winners represent a range of sectors and investments: from brewing to wood-processing, food packaging and geothermal energy systems. All served to demonstrate that investments that save energy increase competitiveness in a variety of ways, including reduced operational and maintenance costs and more efficient use of raw materials. The overall winner of the energy efficiency prize is Bihacka pivovara – a brewery whose investment in a range of new equipment and controls cut annual costs by €400,000 while also increasing production capacity and the quality of its beer.

Source: FENA