Home / Knowledge / News / Apparel/Garments / Minister signs deal with uniforms maker Leona-teh
Minister signs deal with uniforms maker Leona-teh
03
Feb '11
Deputy Prime Minister and Minister of Economy and Regional Development Mladjan Dinkic signed the Agreement on expansion of production with company Leona-teh from Rekovac, which will create 82 jobs.

After the signing of the agreement, Dinkic said that Rekovac is one of the municipalities with highest rate of youth emigration and has the highest percentage of unemployment, around 35%, which is why it is great news that a well-known Slovene company is going to invest in it.

He explained that the plan is to employ all 82 workers by the end of this year, while the production hall will be completely renovated and state-of-the-art equipment put there.

The arrival of one more textile company after Benetton, Calzedonia, Falke, Pompea, Golden Lady and others show that the development of textile industry in Serbia is getting off the ground.

Leona-teh company is a manufacturer of suits and uniforms and 80% of its shares are owned by Slovene Labod, which has existed for more than 80 years.

The signing of the agreement was attended by Slovene Ambassador to Serbia Franc But, who said that 1,400 Slovene companies are doing business in Serbia in which around 25,000 people are employed.

But assessed that the Serbian government, together with the Ministry of Economy and Regional Development, has good programmes for attracting investment, which is why Serbia is one of the most attractive investment destinations in the region.

General Manager of Labod Franc Gajsek said that this company has been doing business with Serbia for over 30 years and has positive experiences, especially in trade, and that it has decided to switch to production with sub-contractors because it believes that it will bring success.

The total value of investment of this company is €803,000, and it includes expansion of production capacities through purchase of facilities and new equipment.

Through the programme of the Ministry of Economy and Regional Development on allocation of funds for encouraging investments, administered by the Serbian Investment and Export Promotion Agency (SIEPA), Leona-teh got €7,000 for every new employee.

Government of the Republic of Serbia

Must ReadView All

Textiles | On 8th Dec 2016

Cabinet okays reforms to boost jobs in made-ups sector

The Union Cabinet chaired by prime minister Narendra Modi has given...

Textiles | On 8th Dec 2016

R&D is key to textile industry’s growth: Kavita Gupta

Research and development is the key to the growth of the textiles...

Textiles | On 8th Dec 2016

Taiwan’s Everest Textile to invest $18.5 mn in US

Everest Textiles USA, a unit of Taiwan based Everest Textile Company, ...

Interviews View All

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search