In January 2025, OeEB signed a bilateral long-term credit line of EUR 25 million with the Serbian paper producer Drenik ND DOO Beograd ("Drenik"). The funds will be used for production investments, renewable energy, and environmental measures (energy efficiency and emission reduction).
| Project name | Drenik ND DOO Beograd |
| Region | Southeast Europe |
| Sector | Industry |
| Service | Investment Finance |
| Project country | Serbia |
| Project volume | EUR 25 million |
| International climate finance according to UNFCCC | Yes |
| Additionality | Financial Additionality |
| Project partner(s) | Drenik ND DOO Beograd |
Drenik was founded in 1996 and produces paper products for personal and household use. Its main product is toilet paper, followed by kitchen rolls/household towels, napkins, and tissues.
The funds provided by OeEB will be used for resource and energy efficiency, the modernisation of production facilities, and the optimisation of production processes, as well as the construction of a biomass power plant and a rooftop PV system. This will make the company more independent in both electricity and gas. Furthermore, more than 70 new jobs are expected to be created.