The Municipal Assembly of the City of Krusevac has approve of a feasibility study of making state owned building plot available to Germany’s Kromberg & Schubert. The German investor will build a production plant on the land plot that will span 21,000 square metres in its first stage with an additional 12,000 square metres added later on. The investor plans to employ 1,776 workers in the first five years of operations and to have a total of 2,500 employees by the sixth year.
The planned value of the investment is EUR 28.9 million, reports the official website of the City of Krusevac.
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