The Programme for Energy Improvements in BiH, developed and financed by KfW and the German Ministry of Economic Cooperation and Development, aimes to provide low-interest loans for the financing of EE measures in residential buildings in Bosnia and Hercegovina, since 60% of total energy consumption in the country is in the housing sector.
MACS supports Raiffeisenbank in successfully introducing, marketing and implementing a new loan product designed to enable clients to finance EE measures in residential buildings. The indicators for success have been outlined as (1) the total loan volume shall be on-lent to end borrowers withing 3 years after the first disbursement of the loan and (2) financed EE measures have to reduce CO2 emissions and / or energy consumption by at least 20% compared to the current situation / item to be replaced.
Nikola has an MSc in Electrical Engineering and his professional focus at MACS is on RE/EE projects, knowledge transfer and project management. Since April 2015, Nikola is also the Managing Director of MACS Serbia and responsible for the business development of this office.
Nikola is a “bankers engineer” – having performed technical due diligences of many RE/EE projects and countless RE/EE trainings for bank staff during implementation of RE/EE Credit Lines and loan products at banks in Western Balkan, Caucasus and Turkey.
On top of his technical skills, Nikola possesses outstanding language skills; he is fluent in English, German, Italian, Spanish and Russian besides his mother tongue Serbian.