Austrian company Zumtobel to invest 30mln EUR in Nis

Serbian PM, Aleksandar Vucic has announced that Austria-based innovative lighting manufacturer, Zumtobel plans to open a 30-million-EUR-factory in Nis.

„Zumtobel, one of the best manufacturers of innovative lighting, is definitely coming to Serbia. The company’s Supervisory Board has confirmed this news onh 27th January, and the global media, like Reuters and Bloomberg, have reported about it“, Vucic said in his press release. He also mentioned that Zumtobel is a global company with factories in Germany, Austria, France, Great Britain, New Zealand, Australia, the US, and China.

“We’ve worked long and hard on the getting this company to invest in Serbia, and I am beyond happy about the fact that this company, which is referred to as the Mercedes in the world of the latest lighting technologies, has decided to build a new large factory in Nis and invest EUR 30 million in this remarkably important Serbian center”, the press release reads.  

“The planned production site in Serbia will help boost our competitiveness and give us a means of responding more flexibly to market requirements as a Group. It will also enable us to position our plants and utilize their capacities in line with their strengths. In the process we are banking on a combination of our established integrated production network and the new plant in Serbia. This step into Eastern Europe signals further growth for the Zumtobel Group. At the same time the construction of this new plant forms part of our global operations strategy and is designed to ensure that, in the long term, we are well placed to offer our customers in Europe innovative products at optimal cost,” Alfred Felder, Chief Operations Officer of Zumtobel Group has said in company’s press release.

Blic (29.01.2017)

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