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Company Bio Energy Point, owned by Cyprus based East Point, intends to start production of highcalorie, ecologically clean fuel of fire-wood and sawdust in Boljevac scheduled for the beginning of August 2008.

The first consumers will be heating plants in Belgrade. According to Dragan Stojanovic, CEO of Bio Energy Point, €3m will be invested in each of five planned factories. One of the benefits of this fuel will be reducing pollution in the city center.

(SIEPA)

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