A new production plant of the Swiss company Regent Lighting was officially opened by Serbian President Aleksandar Vucic in Svilajnac, central Serbia, on Monday morning.
SVILAJNAC – A new production plant of the Swiss company Regent Lighting was officially opened by Serbian President Aleksandar Vucic in Svilajnac, central Serbia, on Monday morning.
Before a ribbon-cutting ceremony, Vucic took a tour of the plant, greeting workers from Svilajnac, Kragujevac, Jagodina and other parts of the Sumadija and Pomoravlje regions.
Vucic said Serbia needed more factories employing between 100 and 300 people.
The ceremony was also attended by Regent Lighting executives, Swiss Ambassador to Serbia Urs Schmid and Svilajnac Mayor Predrag Milanovic.
Based in Basel, Regent Lighting manufactures industrial lighting systems and has been operating in the Svilajnac free economic zone since the spring of 2020.
The new, 6,500 sq m plant was built in the first phase of construction of Regent Lighting production facilities in the zone and the company has plans to build another 6,000 sq m production floor in the second phase.
Executive Director Jorg Steinmeier announced the company would invest 4 mln euros in the first four years of operations in Svilajnac.
Regent Lighting currently employs over 80 workers in the town and plans to have a 250-plus strong workforce there after completing the second investment phase.
Photo: Tanjug/R. Prelic