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The Government of the Republic of Serbia

In the service of citizens

Toennies to invest €420m in Serbian agriculture

Belgrade, 27 April 2015

Minister of Economy Zeljko Sertic and representative of Toennies Holding GmbH Daniel Nottbrock today signed a Memorandum of Understanding in the government of Serbia, which was attended by Prime Minister of Serbia Aleksandar Vucic and the company’s owner Clemens Toennies.

Daniel Nottbrock and Zeljko Sertic

Vucic told reporters after the signing of the document that Toennies is the largest meat producer in Europe, which is a great thing for Serbia, since Toennies plans to produce three million fattening pigs in Serbia.

The Prime Minister said that he is particularly proud and happy that it happened on the anniversary of the functioning of the government of Serbia, after months of difficult and hard work.

He added that locations for five farms have been agreed on already, while five other locations are being negotiated with representatives of the company.

Vucic said that this investment will lead to a large increase in exports of agricultural products and raising the overall quality of meat, but also a significant reduction in unemployment.

Author: Tanjug

This will be a great incentive for progress of Serbian agriculture and Serbian villages, but also great advertising, the Prime Minister stated.

According to Vucic, Toennies wants to strengthen its presence in the markets of Southeast Europe, and together with German partners, to have long-term investments in Serbia, amounting to approximately €420 million.

Clemens Toennies

Author: Fonet

The company’s owner Clemens Toennies said that in conditions for investment in Serbia were provided fast and announced the construction of the first five farms, out of twenty planned.

Toennies stressed that it is important to support the development of agriculture and said that he already had contacts with Minister of Agriculture and Environmental Protection Snezana Bogosavljevic-Boskovic.

He said he wishes to convey the German knowledge and announced the construction of a school and campus where workers will undergo appropriate training.

Toennies stressed that he will invest all the energy and commitment to this project and added that during his many years of experience, he had the opportunity to see that Serbian workers are hard-working and qualified.