Pancevo to Sell 23 Hectares of North Industrial Zone – Naval Box-Cal to Build Facility for Assembly of Transportation Containers

The City Authorities of Pancevo have sent a proposal to the City Assembly for over 23 hectares of the North Industrial Zone to be sold to the Belgrade-based company Naval Box-Cal for RSD 178.1 million, says the material for tomorrow's session of the City Assembly of Pancevo.

Naval, a branch of the German company MK-Kliniken AG, plans to open a line for finishing works for the assembly of specialized containers in the location in Pancevo, without any incentives or grants.

The Government of Serbia has rated this as an investment of importance for the Republic of Serbia, and Naval will accordingly buy the land through direct bidding, based on the estimate of the Tax Administration, according to which a square meter is worth RSD 786.7.

So far, Naval is planning to build a factory of 10,000 square meters and employ 50 workers full-time in the first two years.

The total investment, in the land, the facilities, the equipment and the parts, is EUR 10 million, says the letter of intent.

In the next 10 years, they plan a total of EUR 60 million of investments in the Pancevo area, with 100,000 m2 of factory and office space and up to 1,000 employees, says the document.

The parent company, MK-Kliniken AG, is developing a program of designing specialized transportation containers which can be assembled quickly in order to form living and working space in line with the clients' needs, and the Naval branch will be carrying out the finishing works on the containers in Pancevo.

Germany's ZF, which is investing in further development, is already operating in the North Zone, and the German company Brose is also building a facility there.

Grad Pančevo

Naval Box -CAL- d.o.o. Beograd

Vlada Republike Srbije

Poreska uprava Srbije

ZF Serbia doo Pančevo

Brose d.o.o. Pančevo

City of Pančevo

Naval Box Cal Belgrade

MK Kliniken AG Germany

Government of Serbia

Tax Administration

ZF Germany

transportation containers

container assembly factory

construction of a facility

specialized containers