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Serbia: Amb. Lo Cascio inaugurated Thermowatt/Ariston plant

(ANSA) - BELGRADE, NOVEMBER 7. - The Italian Ambassador to Serbia, Carlo Lo Cascio, inaugurated the "SHE - Superior Heating Elements" plant this morning at Svilajnac, a town south-east of Belgrade. The company, founded in 2018 by the Italian company Thermowatt, Ariston group, will produce 100% armored resistances for export to Italy, with a total investment of 2.5 million euros. At the factory - the Italian Embassy reported in a statement - 40 employees are currently working, but the company has the aim of reaching over 100 employees over the next two years. In his greeting, the Ambassador explained that thanks to some businesses, Italy is sending a strong message in all the cities of Serbia. "We continue to invest in Serbia, especially this year, celebrating the 140 years of diplomatic relations and 10 years of a strategic partnership between our two countries, and confirming our willingness to invest in our common European future." ùThis message of collaboration and closeness, as Ambassador Lo Cascio underlined during the ceremony, has been reiterated during all the recent high-level political meetings, since the visit of Prime Minister Giuseppe Conte to Belgrade, in March, and until the visit of Environment Minister Sergio Costa at the end of October. (ANSA).