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BMW has finally set a U.S. launch date for its plug-in hybrid 3-Series variant. The plug-in hybrid was briefly mentioned during BMW’s unveiling of a mid-cycle refresh for the entire 3-Series lineup last year. Then a European-spec model was unveiled…

At the Western Balkans Investment Summit, in the presence of all regional prime ministers, the European Union confirmed its intention to provide a EUR 12 million grant to support construction of the first electricity interconnector between Albania and Macedonia, the…

Many EU Environment Ministers discussing implications of the Paris Agreement for EU climate and energy policies today acknowledged that the EU must ramp up its climate targets in line with the Paris Agreement signed last year. In reaction to the…

India has introduced a new tax on car sales aimed at helping fight high levels of air pollution and congestion. The surprise move, announced by the finance minister, Arun Jaitley, is a victory for campaigners and a defeat for the…

Prime minister Aleksandar Vučić met Ulrich Schumacher, chief executive of Zumtobel Group AG, supplier of integral lighting solutions, to discuss further successful cooperation and investment prospects. The Austrian company decided to move its project centre for Central and Eastern Europe…

Statkraft AS and partners including a Credit Suisse-backed fund will invest 1.1 billion euros ($1.2 billion) in wind power in central Norway, reviving a project after bringing down costs and boosting capacity. Together with investment company Nordic Wind Power DA…

LED street lights and a smart operating system will be given by an Austrian company to Serbian municipal authorities, according to an announcement at an event in the Chamber of Commerce and Industry of Serbia. Zumtobel Group AG’s donation will…