Norway's Energi Teknikk signs agreement on strategic partnership with D-company from Babusnica – Serbia masters full process of production of SHPP equipment

(From the signing) Norwegian company Energi Teknikk signed an agreement on strategic partnership with D-company from Babusnica, Serbia, on Thursday, October 4, 2018, at the Energy Fair in Belgrade.

The Norwegian company, founded in 1998, delivers full electro-mechanical equipment for small and medium hydro power plants of up to 20 MW. They sell their equipment throughout Europe, and, according to General Manager Milan Barackov, they are especially focused on Serbia.

– To us, the most important thing was to establish good cooperation with local partners and producers from Serbia. In the past 5-6 years, we have managed to do a lot, especially in the metal industry, by hiring certain Serbian companies. To that end, we've also established cooperation with D-company from Babusnica, which is one of the most successful Serbian companies with 500 permanent employees – Barackov told eKapija.

The Pirot-based company, which produces molds for pneumatics, has adopted the Norwegian technology of the production of rotors and turbine chambers, he added.

As Barackov told our portal, this agreement confirms that the cooperation of the two companies so far and creates the possibility of having the full process of the production of electro-mechanical equipment for small and medium HPPs carried out in Serbia.

The plan is for Serbian participation in upcoming projects to increase.

– It can be said that this is a Norwegian-Serbian company. There's always talk about how there need to be investments in Serbia, and here investments are made in Norway. However, the effects are much greater, because this will allow us to sell Serbian products in the Balkans and everywhere in Europe and beyond and, certainly, use the expertise of people from Serbia, which has been confirmed – Barackov said.

As a confirmation of the successful operations in Serbia, Barackov exclusively announced that Energi Teknikk contracted the construction of 6 HPPs for EPS as part of a consortium with Belgrade-based Hidrotan.

– This is a great responsibility for us, but also an important reference – Barackov said.

Energi Teknikk was formed when entrepreneur Eivind Tvedt developed his own small power plant on the river on a family farm in Kvinnherad. After receiving great help in his local community for the development and the production of the turbine for the facility, he founded Energi Teknikk with his partners, Rune Hansen and Paul Hovda, with the aim to offer adapted facilities to the market of small power plants.

Today, they cooperate with several Serbian companies, among which is ATB Sever from Subotica.

They are currently active in several projects in the field of hydro energy, the realization of which is expected in 2019.

Energi Teknikk International AS, Rosendal, Norway

D-COMPANY DOO BABUŠNICA

ATB Sever d.o.o. Subotica

Elektroprivreda Srbije ad Beograd

Međunarodni sajam Energetike Beograd

Hidro-Tan d.o.o. Beograd

Milan Barackov

EPS

agreement on strategic partnership between Energi Teknikk and D company

cooperation of Energi Teknikk and D company

production of electro mechanical equipment

production of molds for pneumatics

production of equipment for small hydro power plants

equipment for hydro power plants

equipment for small hydro power plants

Norwegian Serbia cooperation

electro mechanical equipment for small hydro power plants

electro mechanical equipment

construction of hydro power plants for EPS