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 As Serbian Foreign Investment and Export Promotion Agency (SFIEPA) announced, Italian company `Eurogroup` will open a factory for production of steel pipes in Nova Pazova, tomorrow (18/6/2009), where it has invested about 10 million euros.
As it was stated in the report, the factory in Novi Pazar `Yugotub` will employ 30 workers, and it will produce 36,000 tons of pipes a year.
- It is planned to increase number of employees to 50, by which maximum of production plant capacity would be used - as the director of `Yugotub`, Klara Stojanović, stated.
`Eurogroup`, in cooperation with the investment fund `Finest` in Serbia, has founded a company `Yugotub`, which will export steel pipes to neighbouring countries, as well as to West Europe.
SFIEPA stated that `Yugotub`, which headquarters are in Italian city Monfalkone, produces welded materials for ships, various segments and units for ships, as well as steel pipes.
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