Rec Kos, a leading Kosovan company, is receiving a EUR 6 million loan for a package of improvements to its recycling capability.
The European Bank for Reconstruction and Development (EBRD) and the Enterprise Expansion Fund II (ENEF II) are each providing half of the cash. It will support the construction of a new processing facility near Drenas Industrial Park, outside the capital Pristina, a wastewater treatment plant and the acquisition of advanced recycling equipment for processing tyres, aluminium, cables, iron, plastics and batteries.
Big exporter
Established in 2008, Rec Kos operates in several parts of the recycling value chain, including collection, sorting, processing and trading. The company is the second-largest exporter in Kosovo.
Adriatik Shaqiri, owner of Rec Kos, says: ‘The new facility and advanced equipment will significantly improve our processing capacity and environmental performance. We are proud to contribute to the country’s transition towards a circular economy, while strengthening Kosovo’s position in regional and European recycling markets.’
EU commitment
Sergiy Maslichenko, EBRD head of Kosovo, says: ‘This investment demonstrates our commitment to strengthening local small and medium-sized enterprises and promoting sustainable industrial development through green finance.’
By supporting Rec Kos’s expansion, the investment will also contribute to the development of Kosovo’s underutilised recycling sector, an increasingly important driver of exports and a key enabler of the country’s transition to a circular economy.
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