Energtek, Inc. (EGTK.PK) Announces MoU for Implementation of LMP Technology in Serbia and Macedonia
This morning before the opening bell, Energtek Inc. announced that it has signed a Memorandum of Understanding with a local energy supplier for the joint implementation of its natural gas distribution technology in the Republics of Serbia and Macedonia. The parties anticipate effective commercial fuel distribution within the next several months. Serbia and Macedonia are among the countries with the most underdeveloped gas pipeline network in Europe, but have also enjoyed the highest industrial growth rates in the last several years. For these reasons, Serbia and Macedonia are credited as having the greatest potential for gas bulk transportation projects. An…