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

Courtesy: Fancycrave.com from Pexels

Apparel/Garments | On 22nd Jun 2018

EU's retaliatory duty on US apparel takes effect

As part of the three-pronged response outlined by the European...

NCC applauds House passage of farm legislation

Textiles | On 22nd Jun 2018

NCC applauds House passage of farm legislation

The National Cotton Council (NCC) of the US has welcomed the passage...

Courtesy: Roman Pohorecki from Pexels

Apparel/Garments | On 22nd Jun 2018

UK launches inquiry on sustainability of fashion industry

The Environmental Audit Committee of the UK Parliament has launched...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Mala Alwani

<div>Delhi-based fast fashion womenswear brand, Besiva, aims to bridge the ...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Karan Arora
Karan Arora

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

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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search