The Vinča Landfill – Cleaning up Belgrade

Gig Workers In Southeast Europe

Multimedia And Creative Services Workers Lead The Region

Southeast Europe’s online labour market is becoming...

Protesters Blocking Roads Due To New Laws On Property Expropriation And Referendum

Protests over the law on property expropriation...

Brazil Deforestation: Number Of Trees Cut Down In Amazon Reaches Highest Level Since 2006

Environment Minister Joaquim Pereira Leite admits the deforestation amounts...

We’re Giving Our All To Emerge From The Crisis

Despite the overall economic situation due to the COVID-19 pandemic, MFIC member companies continued to invest, create jobs and...

Serbia And European Union For Innovation

The synergy effect created from the partnership between the Republic of Serbia and the European Union has given a...

Mokra Gora Announced One Of The Best Tourism Villages Of 2021

The best examples of villages embracing tourism to provide opportunity and drive sustainable development have been celebrated at the...

WTA Suspends Tournaments In China

Beijing took umbrage on Thursday at the suspension of Women's Tennis Association (WTA) tournaments in China in solidarity with...

Delta City Becomes Part Of MPC Properies Network Of Shopping Centers

MPC Properties, a regional leader in construction and real estate management, acquired Delta City shopping center, and in this...

A city of 1.7 million like Belgrade generates a lot of waste. Opened in 1970, the landfill in Vinča, a suburb in the east of Serbia’s capital, has been receiving an average of 2,700 tons of waste every day, servicing 13 out of Belgrade’s 17 municipalities

After more than four decades of operation, the landfill today holds more than 10 million tonnes of waste. The materials deposited at the site comprise household waste as well as construction waste, making Vinča one of the largest landfills in Europe.

50 years on, the facility is not only approaching maximum capacity but also poses a major environmental and health risk, including the pollution of the nearby river Danube.

The project

In 2015, the city of Belgrade launched a tender for a private-public partnership project for the treatment and disposal of municipal waste to replace and transform the existing site in Vinča. The scope includes:

 Construction of a 103 MW waste-to-energy facility with a capacity of 340-kilo tonnes per annum, designed to achieve optimum investment costs and affordability and leave large headroom for development of recycling

 Construction of a construction and demolition waste recycling facility with a capacity of 210-kilo tonnes per annum

 Construction of new landfill with a capacity of 170-kilo tonnes per annum

 Remediation of the existing non-sanitary landfill

The environment

The project addresses one of the most urgent environmental challenges in Europe. The unsanitary landfill, which was constructed without a lining, gas collection or leachate treatment, will be rehabilitated. New waste management facilities will stop air pollution and danger to the groundwater, currently threatening the nearby Danube basin. The new facility will meet the biodegradable waste landfill diversion as well as the construction and demolition waste recovery objectives set by the EU Waste Framework Directive.

The consortium

Beo Čista Energija Ltd., a special purpose vehicle formed by the global utility company SUEZ (France), the Japanese conglomerate ITOCHU Corporation and the European fund Marguerite, won the tender for the construction and operation of the site. The company entered a 25-year PPP agreement with the city of Belgrade in 2017.

Work on the site in Vinča commenced in October 2019 and continued during the recent outbreak of the coronavirus pandemic. The new sanitary landfill will be finalised by the end of 2020, while full project completion and the beginning of commercial operations are expected in 2022.

The financing

Total project cost is close to €370 million. The EBRD is contributing a €128.25 million syndicated loan, including a loan of €72.25 million for its own account, a loan of €35 million provided by Erste Group Bank AG under the A/B loan structure, and €21 million in concessional finance funded by Green Energy Special Fund. The EBRD financing is part of a wider package including the International Finance Corporation (IFC) and the Austrian development bank Oesterreichische Entwicklungsbank (OeEB) with loans of up to €72.25 million and €35 million, respectively.

Related Articles

Zdravko Krivokapić, Prime Minister Of Montenegro

It Takes Two To Feed The Growth

The crisis represents an opportunity for Montenegro to try to build more a resilient, inclusive and green post-pandemic recovery. The government is open to...

Christoph Schoen, MFIC President (Executive Director Of Addiko Bank)

Focused On Future Growth

We believe that the Montenegrin economy will continue to be strongly influenced by investments in the coming years, and that the Government will have...

Jakov Milatović, Montenegrin Minister For Economic Development

Economic Diversification Is Our Imperative

The Montenegrin economy is awaited by full recovery in the following period, on the basis of the government’s strong reform processes, new investments, economic...

Jacco Landsmeer, Owner, Ekonomik Accountants

Our Values Are Our Strength

We don’t follow the traditional route of the market, in order to meet existing market conditions and play along. Rather we’ve been creating our...

Radoje Žugić, Governor Of The Central Bank Of Montenegro

We Preserved Economic Stability

We can state with satisfaction that the central bank reacted appropriately under the conditions of heightened uncertainty caused by the COVID-19 pandemic and succeeded...

Nikola Tripković, Executive Director Of Coca-Cola HBC Montenegro

Devoted To Consumers And The Community

I believe that, with our arrival on the Montenegrin market and stable operations, we signalled to many investors that this country is a good...

Stjepan Udovičić, CEO, Crnogorski Telekom

We Want Our Customers To Feel They’re In Good Hands

We are leading the society in the direction of digitalisation as a company that enables any customer in the country to connect to all...

Ana Marojević, Founder And Executive Director Of The Fly Montenegro Group

Ready To Fly

We want to become a globally recognisable brand in aviation and are ready to put in creative and dedicated work to turn that idea...