Danish "Grundfos" and Inđija to sign land lease contract on September 22nd - 70m EUR worth of investment

- Danish manufacturer of industrial pumps "Grundfos" and the municipality of Inđija will sign the Land lease contract tomorrow (September 22nd, 2009). This investment will result in in investment of about 70m EUR and creation of about 500 jobs - VIP Fund announced.

As the CEO of "Grundfos Manufacturing", Saša Ilić, confirmed to VIP Fund, "Grundfos" is going to organize several production programmes in Inđija, mainly intended for export, once the construction of the factory is completed, which is expected in 2010.

"Grundfos" is one of the largest "greenfield" investments in Vojvodina and Serbia, and it is of exceptional importance to the municipality of Inđija, as well as for better business climate in Vojvodina.