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Nov 26, 2009 16:05 EEST
BELGRADE (Serbia), November 26 (SeeNews) – An Italian consortium is interested in exploiting three thermal water springs in south Serbia, Belgrade-based news provider EMportal reported.
Representatives of the consortium, comprising industrial automation solutions provider Cosvic and automatic machines producer Icaro, signed on Wednesday an agreement with officials of the municipalities where the thermal springs are located, which implies the consortium plans to invest in renewable energy resources using the springs, EMportal (www.emportal.rs) reported late on Wednesday without disclosing the size of the planned investment.
The thermal springs are located in the municipalities of Vranje, Bujanovac and Medvedja, EMportal reported.
Attracting Italian investors for this project will not be difficult because the three health resorts have a large thermal water potential, EMportal quoted the president of Cosvic’s managing board, Pedro Ceccarelli, as saying.
“The companies would post a profit while the people and the businesses would get cheap heating,” Ceccarelli said.
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