Austrian company Zumtobel plans to open its factory in Nis, that will employ 1,100 people, by late May or early June 2018 – Serbian President, Aleksandar Vucic said on Sunday.
“What Mercedes is for automotive industry, Zumtobel is in the lighting industry”, Vucic said during his visit to the factory’s construction site and reminded that Zumtobel had started building the 30,000-square-metre facility in July 2016.
Vucic also said that the Austrian company would be granted employment incentives in the amount of between EUR 8 and 9 million. He added that Serbia had to give incentives to investors in order to be more competitive than Macedonia, Bulgaria and Romania.
Furthermore, Vucic said that the construction of the German factory Leoni, also in Nis, was nearly done, while the construction of the IMI plant, which will employ 1,500 people once finished, was also in progress.
“The state has helped Nis a lot and will continue to do so”, Vucic said and added that Nis was becoming an industrial city again.
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