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Memorandum on Cooperation in the area of Geothermal Energy

November 15, 2011

President of the Government of Vojvodina Bojan Pajtić and NIS CEO Kirill Kravchenko signed Memorandum on Cooperation in the area of Geothermal Energy. The joint activity of NIS and the province of Vojvodina was aimed to consider the application and development of this type of renewable energy, promotion of investment cycles at most favorable temrs, balanced reional development and development of local potentials, provision of conditions for the access to European funds, production of thermal energy, stimulation an development of agricultural production, sport, recreational and spa tourism.