The company “Panonske Te-TO” from Novi Sad launched the project of introducing a biomass unit in 2011.
A contract was signed with a consortium consisting of “Energotehnika – Juzna Bačka” Novi Sad, “Turkulov Know How ” Novi Sad and “Victoria Oil” Sid, on September 6, 2011. Value of the deal was € 5,367,688, while the value of the unit itself with all the work involved was € 2,487,000.