The Italians interested in investing EUR 10 m in recycling center in Serbia

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Delegation of the Italian company Sea Ambiente from Ancon discussed at the Serbian Chamber of Commerce with the representatives of our local self-governance and utility companies. The Italian company is interested in investing in recycling center in Serbia, at the Chamber it met with the investment terms and business in our country as well as with benefits some local self-governances provide, SCC announced at its website.

Renowned Italian company is specialized in waste disposal and recycling. It has highly automatized sections which would recycle industrial and city waste in Serbia. They are interested in construction of recycling department for metal waste and organic waste which would be used as a fuel for thermal power plants.

They need a space of 20.000 m2 for a greenfield investment and the investment totals EUR 8-10 m. The investment would be implemented in stages within two or three years. They need a location with access roads and electric network of 200 – 500 kilowatts. .