Q:
A:
Porsche invests €8.5 million in Belgrade retail showrooms
Belgrade,
19 October 2005
The automaker Porsche’s retail branch in Serbia-Montenegro started today the construction of a sales and service centre in Belgrade, investing a sum of €8.5 million.
From left: Predrag Bubalo, Velimir Ilic and Max Vitefeld
Author:
Fonet
Serbian Minister of Economy Predrag Bubalo said today on the occasion of inaugurating the project, that investment by Porsche in its Belgrade showroom will send a positive message to other foreign investors. He added that he expects direct foreign investment in Serbia this year to reach a total of two billion dollars.
Serbian Minister of Capital Investment Velimir Ilic said that the government of Serbia is working on simplifying the procedure for obtaining permits in order to provide foreign investors with a speedier and easier investment process.
He said that he was confident domestic constructors will finish the project on the Porsche sales centre efficiently and on time and attract other similar jobs.
General Director of Porsche in Belgrade Max Vitefeld said that the retail showroom for the sale of cars from manufacturers Audi, Seat, and Porsche will cover an area of 8,000 square metres and is expected to be finished by July 2006.
He said that the centre will create 70 jobs, adding that in the spring of next year Porsche will begin building two more such showrooms in Belgrade worth €10 million and plans to employ 200 more workers.
The Porsche showroom in Cukaricka Padina will be built by the Serbian construction company “Gemaks”.
Serbian Minister of Capital Investment Velimir Ilic said that the government of Serbia is working on simplifying the procedure for obtaining permits in order to provide foreign investors with a speedier and easier investment process.
He said that he was confident domestic constructors will finish the project on the Porsche sales centre efficiently and on time and attract other similar jobs.
General Director of Porsche in Belgrade Max Vitefeld said that the retail showroom for the sale of cars from manufacturers Audi, Seat, and Porsche will cover an area of 8,000 square metres and is expected to be finished by July 2006.
He said that the centre will create 70 jobs, adding that in the spring of next year Porsche will begin building two more such showrooms in Belgrade worth €10 million and plans to employ 200 more workers.
The Porsche showroom in Cukaricka Padina will be built by the Serbian construction company “Gemaks”.
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