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Italy's Unical AG to open factory in Serbia

Author Radomir Ralev
Italy's Unical AG to open factory in Serbia Fiorani and Todorovic; Source: Milun Todorovic Facebook page

BELGRADE (Serbia), June 12 (SeeNews) - Italian heating equipment manufacturer Unical AG plans to open a factory in Cacak, central Serbia, city mayor Milun Todorovic said.

According to Unical CEO Sergio Fiorani, the factory will employ 100 people and will be opened in partnership with Serbian company Progres Inzenjering, Todorovic said in a Facebook post.

During a meeting with Todorovic in Cacak, Fiorani expressed his satisfaction with Serbia's infrastructure development.

The Italian company has been partnering with Progres Inzenjering in the last 15 years, Todorovic said.

Unical AG, based in the province of Mantua, is active in the design and production of household and industrial heating units, air conditioning systems, solar panels, heat pumps, integrated systems and floor systems.