August 19th

Republic of Serbia Minister of Economy Goran Knezevic, Nis City Mayor, Darko Bulatovic, the director of the company “Cooperatif IMI Evropa” Erik de Candido, signed a Memorandum of Understanding on the opening of a new production facility of the Dutch company, which would employ 1,250 people in Nis in the coming years.

On this occasion Ministar Knezevic said that he was glad that such a significant company was coming to Nis, and that this city would be one of the cities where the government would provide all assistance to bring them back to days of old glory. “I am convinced that new days are coming for Serbia. Next year we will break the ground for the new factory,” Knezevic said after the signing of the Memorandum at Nis City Hall. “All policies that we will implement through the Ministry of Economy are going to increase production and employment. This requires political stability, the continuation of financial reforms. City of Nis will be targeted to be one of the cities where the government will provide all assistance to restore the city on the paths of old glory. Nis deserves it, “added Minister Knezevic.

Nis City Mayor Darko Bulatovic said that he was pleased with the Memorandum with clearly expressed willingness to implement an investment worth more than 30 million euros in Nis and employ 1,250 people, of which more than 30 percent will be highly educated experts and engineers. “As a local self-government, we give full contribution to the economic policy of the government, employment of citizens as a priority, and we are doing everything to fulfill our obligations on time, “said Mayor Bulatovic.

The General Director of IMI Europe Erik de Candido pointed out that they were welcomed by the local authorities in a great way, informed t adequately about laws, ways of doing business, introduced to the right people from all spheres of business, university life, presented to investors who were already doing business. “All of this, as well as the presence of qualified labor force, made us choose the Nis, to be the place of our new investment project. Our company has a great experience in the opening of its facilities abroad, our criteria have been met and this is very important to us, “said de Candido. He emphasized that his company’s project implies a “green” investment, the construction of a plant at 20,000 sqm, and that he expects to employ 1,250 workers over a period of 10 years.


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