Following the signing of the contract on the German company Vorwerk Autotec constructing a production plant in the Preljina industrial zone which will employ 1,000 workers, another investor from Germany is coming to Cacak – Wieland Electric.
Wieland Electric is engaged in the production of cables, wires and electrical installations and will start production on the site of the Slovas Company by 1st October this year – Cacak’s Mayor, Milun Todorovic says.
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“The signing a contract with yet another German investor is the crowning achievement following the negotiations that we have been conducting for almost a year. This time we have a brownfield investment. The German investor plans to construct a 4,000 square-metre-plant”, said Todorovic, noting that this company has already signed contracts with Philips, so products made in Serbia will find their place in European and world market.
The mayor also underlines the creation of new jobs as the most important result of this investment.
“In the beginning, Wieland will employ 60 workers and this number will be increased to 200. Once the production capacities expand further, the German investor plans to have at least 600 people working in the Cacak factory. That is a big deal both for Cacak and its population. We are trying to keep the number of unemployed people in our town as low as possible”, the Mayor added.
Cacak is the first city in Serbia, but also in the Balkans, in which Wieland Electric has opened its production facilities. CEO of Wieland, Dr. Oliver Eitrich says that the reasons the company chose Cacak over other towns is the close proximity to the Technical Faculty, the motorway and the cooperation with Mayor Todorovic.
“We will start production by 1st October, and we will primarily produce cables and electrical outlets in our Cacak facility. We plan to buy land from the city of Cacak, expand our production capacities and employ as many people as possible in the near future”, said Dr. Eitrich.
(Vecernje Novosti, 03.07.2018)
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