Nedimovic: We’ll find out in late May if Toennies is coming to Serbia

Agriculture Minister, Branislav Nedimovic says that we will find out in late May whether German meat company Toennies is really coming to Serbia, i.e. once the Ministry of Agriculture compiles a list of investors that have competed for the 30-year-lease of state-owned arable land.

“Toennies participated in the competition and they are interested in five different locations. The relevant committee will check whether the company meets all the required criteria, including the size of the investment in the agriculture segment, the number of new jobs to be created, the estimated value of export, the contribution to local community and others”, Nedimovic explains.

A total of 219 potential investors participated in the competition, with 45 of them of interested in investing in processing industry, and others in agricultural production.

“Toennies doesn’t have a special status. We are going to pick the investors that have met the set conditions; between 15 and 20 of them”, the Minister says.

Out of the said 219 investors, seven are foreign while the remaining 212 are from Serbia.

To remind, in April 2015, Toennies and Serbian government signed a Memorandum of Understanding in Belgrade stipulating the company opening 20 pig farms in Serbia. Before that it was announced that the company’s proprietor, Clemens Tönnies would invest around 300 million EUR in Serbia.

(eKapija, 29.04.2017)

This post is also available in: Italiano

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