Subotica: Italian manufacturer 4Cam S.R.L. buys land in industrial zone

The plastic component manufacturer from Italy, 4Cam S.R.L. has bought 1.8 hectares of land in the Mali Bajmok Business Zone, near Subotica, and has thus joined several big international companies that are already operating there.

“The auction for the acquisition of a land plot in the Mali Bajmok Business Zone took place on 7th February, and 4Cam S.R.L. has bought the land for 23,347,869 Dinars, which was the starting market price, via its branch in Novi Sad”, says Verica Miscevic from the Property and Legal Affairs Secretariat in Subotica.

The new investor has to provide its own connection to the sewage, gas pipeline, water supply pipes, electricity grid and the internet. Other companies that are already operating in this business zone include Siemens, Dunkermotoren GmbH, Ametech, Norma Group, Gordon Calzedonia, Continental Contitech and Swarovski, which collectively employ around 5,800 people here.

The arrival of the new investor from Italy also implies creation of new jobs. “As per our agreement, the new investor will employ around 120 workers”, the mayor of Subotica, Bogdan Laban said, and added that, this year, five hundred new jobs would be created by the companies in the business zone because both Continental Contitech and Ametech are planning expansion.

(eKapija, 22.02.2017)

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