In 1989 by founding Novoproject Ltd. the owners did not start a new activity but simply continued their work of several decades employing their vast international experiences.
Based on the work accomplished under the auspices of various international organizations (UNIDP, UNDP, Worldbank) Novoproject won a number of tenders financed by these bodies. The most significant of those were the establishment of one of the word's largest industrial parks in Sanghai. The founder has also worked in industrial park projects in India, China and a number of countries in Africa. Based on his patent several factories were established in Greece and Croatia, too.