SeeNews reported that Serbian company Technosteel & Consulting, owned by Italian investor Mr Fabio Bianco, plans to start the construction of a plant for manufacturing of spare parts for machines used in the steel industry in Serbia's Ruma in March 2021. Technosteel signed an agreement to acquire 2 hectares of land in the Rumska Petlja industrial zone for the construction of the factory for 14 million dinars. Mr Bianco said "Our goal is to have 80 employees in the new plant in the future. We have many orders for 2021 and we hope to continue in that direction.”
Technosteel, established in 2014, has a team of steel industry technicians based in Sremska Mitrovica and provides engineering services for the revamping of plants and machines, development and installation and service of automation and integration systems.