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Russian, Serbian cos plan boiler factory in Vranje - municipality

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BELGRADE (Serbia), March 6 (SeeNews) - Russia's Orion and Serbia's Biodom S have signed a memorandum of intent with the Vranje municipality for the construction of an 8.4 million euro ($9.3 million) plant that will produce biomass-fired boilers, the Serbian municipality said.

The output capacity of the factory, which will employ 200, will be 12,000 boilers annually, the municipal authorities said in a statement on Thursday.

Vranje is located in southern Serbia.

($=0.908 euro)

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