Business

Danish Grundfos to build second production line in Serbia

Danish heating/air conditioning producer Grundfos opened a new production line in Indija with Serbian President Aleksandar Vucic in attendance Wednesday, Sept. 28, with Vucic voicing salary increase promised by the company and trumpeting that this is in fact the second manufacturing plant opened by Grundfos in the country.

The opening was attended by Grundfos’s Serbian director, Veljko Todorovic, as well as by Danish Ambassador Suzan Shain, who highlighted current cooperation between the two countries.

The new, 17,000 square-meter investment was valued at EUR 21 mln and is slated to become the largest such factory in the world, according to www.aroj.net.

During the cornerstone ceremony Vucic also took a moment to reflect on pressures placed on Serbia by the West and the tremendous challenges facing both Serbia and Europe—although what was also made clear is the recent boom in investment—including manufacturing investment—in Serbia, which has been somewhat lacking in the EU.

The EU has voiced its disapproval with a new consulting/cooperation plan that was signed between Russia and Serbia only days after Russian mobilization.

Grundfos factory photo, courtesy of: Mosreg.ru, CC BY 4.0 <https://creativecommons.org/licenses/by/4.0>, via Wikimedia Commons

Dodaj komentarz

Twój adres e-mail nie zostanie opublikowany. Wymagane pola są oznaczone *