Italian investor coming to Cacak - Jobs for 185 people in first phase

(City of Cacak)

Finance and Economy Minister Mladjan Dinkic stated that the City of Cacak should pick appropriate locations for an industrial zone in order to attract investors now choosing Jagodina and Vranje instead.

- Unfortunately, many factories in this area are out of operation. There are some production facilities, but they are practically unavailable due to complicated property relations, so that it is easier to build a new factory and start production - Dinkic said.

As he pointed out, the government has backed a large Italian company planning on hiring 185 people at a facility of the former company Cer in the following period. This investor from Italy later plans to increase that number to 300.

He voiced his expectation that a final agreement would be signed soon as well as that they would start buying equipment, installing it and, eventually, begin production.