Investments in cable production - company "Milić" to buy machine for desig of aluminum and alu-steel ropes worth 200,000 USD

Company for production of cables for needs of the electric power company, Milić" in Paraćin, included the procurement of new machines for production of aluminum and alu-steel ropes in its investment program for year 2008.

- The company would spend 200,000 USD on this machine - said Miroljub Milić, the owner, pointing out that the production would be 20% bigger when the machine was put into operation.

Last year, this factory produced and delivered 1,200 tons of various types of cables to the buyers in Serbia and abroad.

MILIĆ PARAĆIN

Miroljub Milić