The Serbian government and Zumtobel have officially inaugurated the construction works on a new factory in Nis that will employ 1,100 workers once finished.
The Serbian President, Aleksandar Vucic, Economy Minister, Goran Knezevic and Nis Mayor, Darko Bulatovic all attended the official signing of the agreement between the Austrian company and the Serbian government. Zumtobel is one of the biggest manufacturers of LED lighting in Europe.
At the ceremony, the Serbian President said that the government had allocated 8 million EUR towards construction of the factory and creation of new jobs.
“The factory and the entire investment are one of the most important strategic steps made by our company towards relocation of our production network. Serbia is in the heart of Southeast Europe, it provides many strategic advantages, and has been chosen as the best place for investing because of the many comparative advantages and its key position in the region of Central and Eastern Europe”, Ulrich Schumacher from Zumtobel said. He added that, a year ago, Zumtobel relocated its design centre from Poland to Serbia (Belgrade), and that the company’s Belgrade office is now the regional centre for Serbia, Montenegro, Turkey and Central Asia.
The new factory will span 40,000 square metres and cost 30.6 million EUR to build and equip. The production is probably going to be launched in mid-May 2018.
This post is also available in: Italiano