The Municipality of Paracin and the Swedish company Rimaster signed an agreement on renting of business space for seven years in the Zmic Industrial Zone in Paracin, spanning 3,000 square metres, on December 16th.
The agreement was signed by the president of the Municipality of Paracin, Sasa Paunovic, and General Manager of Rimaster, Tomas Stalnert. The renting period starts on May 15, 2020, according to the agreement.
The Swedish producer of electrical and wiring systems for special vehicles and heavy building machines, intends to employ 1,000 workers at the rented business space in Paracin.
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The construction of the facility, located in Zmic Industrial Zone, will be funded by the municipality. Rimaster is the only company to respond to the municipality’s ad for the lease of the facility for the period of seven years, at the competitive market price.
The construction will cost more than RSD 250,000,000. It will be built by the company Grading, and should be completed in May 2020.
Rimaster launched production in Paracin last year, in a rented space, with 40 workers, whereas now the company already has a hundred. The plan is for 1,000 workers to be employed at the new facility in the future, the municipality says.
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