Vucic said that the Serbian government duly fulfilled all its obligations and has invested €8 million, while the Italian partner has invested €60 million.
He expressed gratitude to the Jagodina Assembly Chair Dragan Markovic because he found the investor and thus provided work for 340 workers.
The Prime Minister recalled that Serbia has emerged from the recession in a difficult year in which we started with fiscal consolidation, and said that the country will not go back into recession, but will be on the way of dynamic economic growth.
According to Vucic, every year the growth rate will be greater.
The factory, spanning 70,000 square metres, was built in the industrial zone in Jagodina, on Corridor 10, some 500 metres from the international motorway and railway Belgrade-Nis.
The plan is to export €150 million worth of products mostly to the countries of eastern Europe, the former Soviet Union and in the Pacific region.
The ceremony, in addition to the Prime Minister, was attended by First Deputy Prime Minister and Minister of Foreign Affairs Ivica Dacic, Jagodina Assembly Chair Dragan Markovic, Ambassador of Italy to Serbia Giuseppe Manzo and Director of "Vibac Balcani" Patrizio Masini.