The company Prva Petoletka from Trstenik, central Serbia, announced that they will sign a memorandum of understanding with the Italian company USCO thus defining the conditions for the arrival of this firm from Modena to Trstenik.
The Italian company will move one of its production line to Petoletka’s hall “Mikroelektronika”, thus taking over part of its business to Serbia. During the first stage, Italians will hire 50 new workers, reconstruct the production gall and install state-of-the-art machinery and equipment, stated Director General of the Prva Petoletka, Zoran Veselinovic. The signing of the Memorandum will be also attended by Serbian Deputy PM Verica Kalanovic.
Source Balkans