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Start of Project Preparation for Expansion of the Electrical Engineering and Technical Faculties Campus in Belgrade

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26 July 2021: The European Union has supported the construction of new capacities and reconstruction of technical faculties of Belgrade University through a technical assistance grant, implemented by Infrastructure Project Facility 7 Consortium, which is contracted by the European Investment Bank (EIB). The lead International Financing Institution on the project is the Council of Europe Development Bank (CEB).
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Berlin Summit 2021: Western Balkans Strengthen Regional Cooperation and Foster Closer Ties with the EU

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05 July 2021: On Wednesday, President of the Commission, Ursula von der Leyen, and Commissioner for Neighbourhood and Enlargement, Olivér Várhelyi, participated in the Western Balkans Summit in the context of the so-called 'Berlin Process'. The summit brought together for the eight time Heads of State or Government from the Western Balkans and their counterparts from nine EU Member States, high-level EU representatives and the United Kingdom, to advance on their regional cooperation and European integration agenda. The virtual meeting was hosted by the German Chancellor Angela Merkel.
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Grand Finale of PowerUP, the Western Balkan Entrepreneurial Excellence Award

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04 July 2021: The final event of the PowerUP programme which supports innovative SMEs and startup companies from the Western Balkans took place on 29 June 2021. Eleven finalist companies had the opportunity to pitch their businesses in the best light in front of eminent investors from the region. The project, launched by the World Bank in November 2020, and funded by the European Union under the Western Balkans Enterprise Development and Innovation Facility (WB EDIF), was implemented with the support of consulting company Deloitte.
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1st Western Balkans Enterprise Development and Innovation Facility (WB EDIF) Business Forum

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29 June 2021: On 25 June, the Western Balkans Enterprise Development and Innovation Facility (WB EDIF) held its first virtual Business Forum. The event was organized by the Enterprise Europe Network and supported by the European Commission and the European Investment Fund. More than 130 participants from the entire Western Balkans region and beyond attended the Business Forum. Most of the attendees were Small and Medium Enterprises (SMEs), local intermediaries and entrepreneurs.
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Western Balkans Investment Framework (WBIF) Informal Meeting 24 June 2021

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24 June 2021: The Western Balkans Investment Framework held an informal meeting on 24 June. The meeting was co-chaired by Katarína Mathernová, Deputy Director-General, EC-DG NEAR and WBIF Bilateral Donors' representative Harald Waiglein, Director General for Economic Policy, Financial Markets & Customs Duties, Federal Ministry of Finance, Austria.
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Beginning of Works on the Modernization of the Port of Brčko

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15 June 2021: On Tuesday, the beginning of preparatory works on the reconstruction and modernization of the port of Brčko, a project co-funded by the European Union, was officially marked. The event was attended by the Mayor of Brčko, the President of the Brčko Assembly, representatives of the European Union, the European Bank for Reconstruction and Development and the Office of the High Representative.
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EU-Funded Project Kicks-off for the Modernisation of the Golubovci-Bar Railway Line in Montenegro

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03 June 2021: The virtual kick-off meeting of the Tecnical Assistance project for the ‘Modernisation of Rail Route 4, Golubovci – Bar’ took place end April 2021. The objective of the EU-funded project is the rehabilitation and upgrade of the 39 km long railway section between Golubovci and Bar stations, which is part of the most important railway line of Montenegro, connecting the port of Bar with Podgorica and the border with Serbia.
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EU Support to Construction of the Gas Interconnector Serbia-Bulgaria

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24 May 2021: The European Union and the European Investment Bank (EIB) support Serbia’s energy security with the blending of €25 million loan and €49.5 million EU grant (from the Instrument for Pre-accession Assistance – IPA II) for the construction of the Serbian section of the Bulgaria-Serbia gas interconnector.
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31st WBIF Project Financiers’ Group Meeting (PFG) 19-20 May 2021

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19 May 2021: The Western Balkans Investment Framework held its 31st Project Financiers’ Group Meeting (PFG) due to the COVID-19 situation, as a virtual meeting, on 19 and 20 May 2021. Overall more than 100 participants from the European Commission, financial institutions (EIB, EBRD, CEB, KfW, WBG, AFD, EIF), Bilateral Donors, Western Balkans beneficiaries, Energy Community Secretariat, Permanent Secretariat of the Transport Community and Regional Cooperation Council, participated in this meeting. The PFG meeting was co-chaired by DG NEAR’s Head of Unit Holger Schröder and by KfW Head of Department Klaus Müller.
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EU and EFSE Unleash Additional €40 Million in Response to Coronavirus Crisis

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17 May 2021: The European Commission has invested an additional €40 million into the European Fund for Southeast Europe (EFSE) to help combat the economic effects of the coronavirus pandemic in the Western Balkans and EU Eastern Neighbourhood Region. The capital will be used to bolster the ability of local financial institutions to support micro and small enterprises in overcoming the challenges of the crisis.
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First EU Funded Vaccines for the Region and Support Package for Serbia

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12 May 2021: Commissioner for Neighbourhood and Enlargement Olivér Várhelyi travelled to the Western Balkans last week as the first COVID-19 vaccines, shared and funded by the European Union, arrived to the region. Ahead of the visit, the officials from the European Union and Serbia signed a grant package for Serbia worth over €86 million. The grant package will focus on supporting Serbia in protecting the environment – in particular safe drinking water, supporting the tourism sector and to support small and medium sized enterprises.
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Completion of the EU-funded Technical Assistance to Flood Protection Infrastructure in Albania

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04 May 2021: The recently completed EU-funded Environmental and Social Impact Assessment (ESIA) and Detailed Design for the WBIF project “Mati River Flood Protection Infrastructure” were implemented by COWI-IPF Consortium (Infrastructure Project Facility 8) in close cooperation with the Ministry of Agriculture and Rural Development of Albania and the National Water Resources Management Agency.
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Feature Story: Introduction of Nearly Zero-Energy Buildings in the Western Balkans

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28 April 2021: The International Energy Agency characterizes energy efficiency as the “world´s first fuel” because it is the most underestimated resource of all and its potential is still far from exhausted. That holds true for practically every region of the world, but particularly for the Western Balkans. In all WB6 countries the energy productivity remains low, indicating that energy saving measures and investments are not implemented to a large enough extent.
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New Home for 62 Displaced Families in Srebrenik, Bosnia and Herzegovina

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08 April 2021: Earlier this week, the keys to 62 newly built apartments in Srebrenik, Bosnia and Herzegovina, were handed to 164 displaced persons, former residents of the collective centres. The construction of the multi-apartment building is part of the larger EU supported project „Housing and Social Integration of Vulnerable Persons Living in Collective Centres“, implemented by the Ministry of Human Rights and Refugees of Bosnia and Herzegovina.
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Feature Story: Improving Water and Wastewater Treatment in Subotica

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04 April 2021: The European Union and the bilateral donors, the Western Balkans Investment Framework (WBIF) and the European Bank for Reconstruction and Development (EBRD), have been supporting Subotica’s efforts for the modernisation of its original waste water treatment plant and construction of a sludge line since 2006.
About us

Welcome to Western Balkans Investment Framework!

The Western Balkans Investment Framework (WBIF) is a regional blending facility supporting EU enlargement and socio-economic development in Albania, Bosnia and Herzegovina, Kosovo*, Montenegro, North Macedonia and Serbia.

The WBIF was established in 2009 as a joint initiative of the European Commission, the Council of Europe Development Bank, the European Bank for Reconstruction and Development, the European Investment Bank, and several bilateral donors . The World Bank Group, the KfW Development Bank and the AFD (Agence Française de Développement) subsequently joined the Framework. In December 2018, the AFD became a participating organisation in the WBIF.

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*This designation is without prejudice to positions on status, and is in line with UNSCR 1244/1999 and the ICJ Opinion on the Kosovo declaration of independence.

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