Italy's Ansaldo Sistemi Industriali eyes renewable energy projects in Serbia.

By bne IntelliNews March 12, 2012
Italy's Ansaldo Sistemi Industriali (ASI) and Belgrade-based ICT solutions provider Institute Mihailo Pupin has signed an agreement on the construction and overhaul of facilities for renewable energy production, news agency Beta informed, quoting a report of Italian agency Nova. ASI's director Claudio Andrea Gemme was quoted as saying that the contract signed with Institute Mihailo Pupin represents a great possibility in the sphere of development for his company. He added Serbia is an important market for ASI. The agreement pays special attention to the implementation of small hydropower plant projects, which is a very important area for Serbia, the report said. ASI's core business is in the areas of energy, marine, metals, oil and gas and general industry (cement, water treatment, rubber and plastic, materials handling, glass, ceramics, paper and ropeway). It employs some 1,300 people worldwide

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