Belgrade-based Termovent-komerc inks EUR 3.3 million agreement with Russia's Katod

Termovent-komerc from Belgrade and Russia's Katod from Novosibirsk signed a EUR 3.3 million cooperation agreement on October 8th.

According to the agreement, Termovent is to completely equip Katod's office space with heating, cooling and automatic regulation systems.

This document was signed in the presence of Deputy Prime Minister and Minister of Foreign and Domestic Trade Rasim Ljajic, Termovent CEO Dusan Perovic and Katod Executive Director Sergey Kesaev.

Ljajic said that the agreement was significant not only for the two signatories, but also the overal economic and business cooperation between Serbia and Russian Federation.