Bulgarian Company Minimet Commodities Starts Building Factory for Finishing of Sheet Steel in Kovin – Salaries of Around EUR 1,000 Announced

With a nearly two-year delay due to the epidemic, the Bulgarian company Minimet Commodities started building a factory for the finishing of sheet steel in the industrial zone in Kovin.

The investment is worth around EUR 8 million and will create 250 jobs, of which 130 are meant for workers with a higher education.

The first phase of the works is in progress at the moment and it entails the construction of a facility of 2,500 square meters, where two lines for the cutting and shaping (profiling) of sheet metal will be located. Initially, 50 workers will be hired there, and the production of sheet metal is planned to begin in May or June next year. The second and the final phase entails the construction of a facility for the galvanization of sheet metal, which will become operational in 2024.

The investor has already hinted that the salaries at the factory will be high and that the workers will earn around EUR 1,000.

– Our workers will have a much higher salary than the average salary in this region. The monthly gross salary will reach up to EUR 1,500, but that will certainly depend on the volume of our production and, primarily, the state of the market – announces Valentin Zahariev, a representative of the Belgrade office of Minimet Commodities.

The Bulgarian company picked Kovin due to the favorable conditions for investors, but also the proximity of the steel mill and the port in Smederevo and Corridors 7 and 10, as well as important transportation routes. The local self-government sold them a municipal parcel of eight hectares for that purpose, located in the industrial zone’s block 117.

Four companies operate at the moment in the Kovin industrial zone, employing over 450 workers combined. These are: an Indonesian factory of edible mushrooms, a Romanian factory for the processing of wood and two domestic factories, one producing pet food and the other producing compost for mushrooms.

MINIMET COMMODITIES DOO

Opština Kovin

Minimet Commodities

Valentin Zahariev

Sanja Petrović

factory for the finishing of sheet steel

construction of a factory for the finishing of sheet steel in Kovin

industrial facility in Kovin

employing workers with higher education

cutting of sheet metal

construction of a facility for the galvanization of sheet metal