The first Turkish investor in Serbia and the first foreign investor in the southern town of Leskovac will close its factory there.
After 12 years, the Jeanci Company is leaving Serbia and leaving almost 700 people without a job.
The Turkish company arrived in Leskovac in 2010. They brought hope for the revival of the textile industry in town that was called “The Serbian Manchester”. They started with 25 employees and by the time the coronavirus pandemic struck, they had more than 1,000 employees.
“Now we have about 950 workers in two plants. We will be hiring even more people and complete our project for Leskovac”, the director of Jeanci Serbia said back then.
However, after 12 years, in the circular message sent to all the workers, the company said that they had been experiencing difficulties for the past three years and that they were not able to overcome the crisis and cover losses.
“The local government will contact the Serbian government to continue a meeting with an Italian company from the automotive sector which is willing to take in some of Jeanci’s workers. There are two other companies also willing to employ Jeanci’s workers as they operate very close to Jeanci. I think that Yura is also interested in taking in about 200 workers”, said the mayor of Leskovac, Goran Cvetanović.
This post is also available in: Italiano