Soylemez Rubber & Plastic plans to to open production facility in Zitoradja in south Serbia, Nebojsa Stevanovic, assistant to the president of the municipality for economic development, says.
According to him, the company, which produces car components, planned to launch the Zitoradja facility by the end of November, but “all things considered, this will probably not happen”.
– The final preparations are in progress, and the factory should start operating in early 2018 – Stevanovic told eKapija.
To remind, Serbian President Aleksandar Vucic announced on 17 October 17, that “the agreement on subsidizing the Turkish company will be signed in seven days”. As announced at the time, the production in Zitoradja should have started within three months, with 150 workers employed initially and up to 500 in the final stage.
Hovewer, the agreement was only signed on March 15, 2017. According to it, the Ministry of Economy has approved EUR 1,120,000 in incentives for the Turkish company, to be drawn in three installments in 2017, 2018 and 2019. According to the agreement, Soylemez undertakes to hire at least 160 permanent employees in this three-year period, namely, 5 in the first year, 115 in the second one and at least 40 in the third one.
Soylemez Rubber & Plastic Zitoradja was founded in August 2016 and is owned by the Turkish company Soylemez Kaucuk Otomotiv San. Tic. Ltd. Sti. (51%) and Kerem Soylemez (49%).
The company has bought the halls of the former electronic industry near Zitoradja and will produce car components.
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