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Dinkic checks progress of construction works on new Kragujevac factory
Kragujevac,
20 October 2006
Serbian Minister of Finance Mladjan Dinkic visited Kragujevac today to check on the progress of construction works on a production hall of the newly-formed TPV Sumadija factory that resulted from a merger of Slovenia's Novo Mesto-based TVP and Agrosumadija-Zirovica from Kragujevac.
Author:
Tanjug
Dinkic said that thanks to factories which are being opened through greenfield investments, the unemployment rate, currently standing at 20% according to international criteria, will be reduced.
He recalled that in the past seven days factories were opened in Valjevo, Uzice, Vranje and Indjija and that if this continues at the same rate, unemployment will even be halved.
The Kragujevac factory for producing engine parts will stretch over 3,600 square metres and the investment is worth €6 million.
According to TVP owner Vladimir Bohc production in the new factory will begin on February 1 next year and will employ 400 new workers, adding that 70 workers will be employed in the first stage.
Kragujevac Mayor Veroljub Stevanovic said he is pleased that the first greenfield investment finally arrived in Kragujevac adding that in the last 21 months around 8,000 Kragujevac residents have found employment.
Slovenian Ambassador to Serbia Miroslav Lucij accompanied Dinkic and Stevanovic on their visit.
Minister Dinkic told a press conference in Kragujevac that the city received an additional €18 million from the National Investment Plan, which together with the previous funds comes up to €46 million in all.
He said that the Clinical centre alone received €16 million for a thorough reconstruction adding that more funds were allocated for the construction of the Kragujevac-Batocina main road, infrastructure repairs, culture and education sectors, as well as for the construction of 147 flats for employees in state organs.
He recalled that the dinar is stable and strong, the banking system much better than before and that the budget surplus stands at €2.4 billion. It remains to solve the unemployment issue, he added.
We need more greenfield investments to create new jobs. Next year, between €5,000 and €10,000 will be taken from the budget for each new employee, said the Minister.
He confirmed that the government will set aside between €20 and €100 million if a serious and renowned car manufacturer declares a wish to produce cars in Kragujevac's Zastava and hires more workers.
If a serious-minded investor appears, the government would practically finance the project with €5,000 per employee and €10,000 per employee in the research centre.
He stressed that apart from hiring more staff, the condition for this would be for the investor to engage a greater number of sub-contractors in Serbia.
He recalled that in the past seven days factories were opened in Valjevo, Uzice, Vranje and Indjija and that if this continues at the same rate, unemployment will even be halved.
The Kragujevac factory for producing engine parts will stretch over 3,600 square metres and the investment is worth €6 million.
According to TVP owner Vladimir Bohc production in the new factory will begin on February 1 next year and will employ 400 new workers, adding that 70 workers will be employed in the first stage.
Kragujevac Mayor Veroljub Stevanovic said he is pleased that the first greenfield investment finally arrived in Kragujevac adding that in the last 21 months around 8,000 Kragujevac residents have found employment.
Slovenian Ambassador to Serbia Miroslav Lucij accompanied Dinkic and Stevanovic on their visit.
Minister Dinkic told a press conference in Kragujevac that the city received an additional €18 million from the National Investment Plan, which together with the previous funds comes up to €46 million in all.
He said that the Clinical centre alone received €16 million for a thorough reconstruction adding that more funds were allocated for the construction of the Kragujevac-Batocina main road, infrastructure repairs, culture and education sectors, as well as for the construction of 147 flats for employees in state organs.
He recalled that the dinar is stable and strong, the banking system much better than before and that the budget surplus stands at €2.4 billion. It remains to solve the unemployment issue, he added.
We need more greenfield investments to create new jobs. Next year, between €5,000 and €10,000 will be taken from the budget for each new employee, said the Minister.
He confirmed that the government will set aside between €20 and €100 million if a serious and renowned car manufacturer declares a wish to produce cars in Kragujevac's Zastava and hires more workers.
If a serious-minded investor appears, the government would practically finance the project with €5,000 per employee and €10,000 per employee in the research centre.
He stressed that apart from hiring more staff, the condition for this would be for the investor to engage a greater number of sub-contractors in Serbia.
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