Vagnone & Boeri to Set Up Serbian JV Abrasives Plant
Post date:
Thursday, October 27, 2011 - 13:15Country:
Serbia
Renovation of one of the existing production halls of Elan AD in Prijepolje has started. Once renovated, it will host the production of sealants and protective coatings for the automotive industry. The memorandum of understanding between the two companies was signed by the director of AD Elan Goran Sekulic and the director of Vagnone & Boeri Giovanni Rizzi on October 25th.
Vagnone & Boeri is a supplier of abrasive materials for Fiat S.p.A.
Italy's Vagnone & Boeri Abrasivi S.r.l. plans to invest €1 million with Serbian chemical company Elan AD in a joint factory for automotive abrasives in Prijepolje, 250 south of Belgrade