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Switzerland’s Regent to open factory in Serbia, employ 130

Christian Fernsby |
The Swiss company Regent, which produces electric lighting, will launch production in Svilajnac, Serbia in April.

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Topics: SWITZERLAND    REGENT    FACTORY    SERBIA   

Regent has rented a facility spanning 1,000 square metres, where it will start the production. Another factory is being built for this company, which will span close to 6,000 square metres in the first phase and then another 6,000 square metres will be added in the second phase, the municipal administration announced.

The total value of this investment is around EUR 8 million.

The new investor will employ 130 workers in Svilajnac, and the agreement on the launch of production was signed by the president of the municipality of Svilajnac, Predrag Milanovic, in Basel.


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