Cinnovation from Nepal to start building pasta factory in Ruma in spring 2016 - Investment valued at EUR 13 million

Construction of pasta factory is going to start soon in the industrial zone Rumska Petlja. This factory will be built by Cinnovation Group from Nepal, a significant investor on a global level, which operates as part of the Asian conglomerate Binod Group that is owned by bilionnaire Binod Chaudhary. Ruma Mayor Sladjan Mancic and Zoran Drazeta, the general manager of In Connect which represents Cinnovation Group in Serbia, signed an agreement on Monday, 14 December 2015, on the sale 9.5 hectares of land in the industrial zone Rumska Petlja.

This company from Nepal operates all around the world, and its production plant in Ruma will be the first European factory of this conglomerate. In Connect General Manager Zoran Drazeta pointed out on that occasion that the construction of pasta factory would commence in spring 2016.

Cinnovation Group will be building its pasta production facility in Block 4 in Rumska Petlja, on an area of 18.5 hectares. The investor has promised to invest EUR 8.5 million by the end of 2016, while a total value of expected investments within the next four years should exceed EUR 13 million.

Cinnovation group Nepal

Opština Ruma

Vlada Republike Srbije

CG Foods Europe d.o.o. Ruma

Cinnovation group

Binod group

industrial zone Rumska petlja

pasta factory

Binod Chaudhary

Ruma municipality

Sladjan Mancic

Zoran Drazeta

In Connect

export from Serbia

Serbian government

export

exporters