Q:
A:
Investment in Trgoviste municipality to continue next year
Trgoviste,
27 November 2009
Serbian Deputy Prime Minister and Minister of Economy and Regional Development Mladjan Dinkic talked today with businessmen and representatives of the Trgoviste municipality, one of the least developed municipalities in Serbia.
Author:
www.infobiro.rs
Dinkic said that support for the reconstruction and expansion of the Simpo factory, which produces of children’s beds, in Radovnica near Trgoviste, will not be the only state investment in that municipality.
The state will draw resources from the Development Fund and it find out whether there are small companies in Trgoviste whose development can be encouraged.
Minister for the National Investment Plan (NIP) Verica Kalanovic said that several important infrastructure projects have been launched in the past year in order to resolve the town’s infrastructure problems.
She said that according to the government’s special programme for 2009, RSD 2 billion from NIP was set aside for underdeveloped municipalities, of which sum RSD 300 million went to the Pcinja District for the purpose of solving infrastructure issues.
Kalanovic said that three large projects were initiated in Radovnica, recalling that this residential area now has a regular water supply. She also said that the government plans to construct a sewage and waste water collection system.
Dinkic today officially opened the modernised and reconstructed children’s bed factory in Radovnica, stressing that thanks to the Development Fund, over 5,600 square metres were renovated and 1,400 square metres added to the factory.
The children’s beds produced here are intended for export, almost entirely for the Swedish retail chain Ikea, he explained.
Dinkic specified that following reconstruction and expansion the factory has tripled its capacity and it monthly output now stands at 90,000 beds.
He also noted that €1.8 million was used for procuring new equipment and machinery from French and Italian companies.
Simpo general director Sladjan Disic stressed that Simpo was granted €2.5 million from the Development Fund for the reconstruction of the Radovnica factory, adding that another half a million euros from Simpo’s own funds was also used.
Also present at the opening were acting director of the Privatisation Agency Vladislav Cvetkovic and Simpo president Dragan Tomic.
The state will draw resources from the Development Fund and it find out whether there are small companies in Trgoviste whose development can be encouraged.
Minister for the National Investment Plan (NIP) Verica Kalanovic said that several important infrastructure projects have been launched in the past year in order to resolve the town’s infrastructure problems.
She said that according to the government’s special programme for 2009, RSD 2 billion from NIP was set aside for underdeveloped municipalities, of which sum RSD 300 million went to the Pcinja District for the purpose of solving infrastructure issues.
Kalanovic said that three large projects were initiated in Radovnica, recalling that this residential area now has a regular water supply. She also said that the government plans to construct a sewage and waste water collection system.
Dinkic today officially opened the modernised and reconstructed children’s bed factory in Radovnica, stressing that thanks to the Development Fund, over 5,600 square metres were renovated and 1,400 square metres added to the factory.
The children’s beds produced here are intended for export, almost entirely for the Swedish retail chain Ikea, he explained.
Dinkic specified that following reconstruction and expansion the factory has tripled its capacity and it monthly output now stands at 90,000 beds.
He also noted that €1.8 million was used for procuring new equipment and machinery from French and Italian companies.
Simpo general director Sladjan Disic stressed that Simpo was granted €2.5 million from the Development Fund for the reconstruction of the Radovnica factory, adding that another half a million euros from Simpo’s own funds was also used.
Also present at the opening were acting director of the Privatisation Agency Vladislav Cvetkovic and Simpo president Dragan Tomic.
-
Belgrade, 11 August 2025Support for agricultural projects worth RSD 750 million
-
Belgrade, 21 July 2025Construction of oil pipeline with Hungary to begin early next year
-
Belgrade/Athens, 17 July 2025Serbia continues to align with EU in field of energy
-
Kostolac, 14 July 2025First solar power plant Petka in Kostolac put into trial operation
-
Belgrade, 11 July 2025Potential for improving cooperation with Belarus in many areas
-
Požega, 5 July 2025Section of Pakovraće - Požega highway officially opened
-
Belgrade, 2 July 2025Technical specifications defined for Serbia-Hungary oil pipeline
-
Belgrade, 30 June 2025IMF confirms Serbia successfully implementing all agreed reforms
-
Belgrade, 27 June 2025Double Taxation Avoidance Agreement with Germany signed
-
Kostolac, 25 June 2025Construction of Kostolac wind farm nearing completion