Novi Sad-based Jugoalat start production in early June

The workers of "Jugoalat" will start producing parts for hydrants, special round valves and parts specially made for construction and medical industry will start producing in two weeks and product will be exported to Austria. This business was agreed by the management of Jugoalat" at yesterday’s meeting with company’s Production Manager, MKE from Heidenreichstein from Austria, Ilija Petricic. Austrian company, MKE will be new partner to "Jugoalat" and it will pour EUR 150.000 in producton.

According to Petricic, at yesterday’s meeting, they discussed strategy of production development.

Petricic outlines that they are planning two products which Jugoalat will, under its brand and license, export to former Yugoslav countries and sell all around Serbia.

Owner and head of "Jugoalat" Spasoje Jakovljevic outlined that, apart from Austrian partner, the company could soon get a partner from China.