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New Sanc shoe factory in Vranje!

29 Jan '08
1 min read

Recently, foundation stone was laid for a new factory of Sanc in Vranje by the Serbian Minister of Economy and Regional Development, Mladjan Dinkic. A huge investment of Euro 2 million is expected to be made for this development, which in turn would generate around 200 jobs.

Dinkic was accompanied by State Secretary for Regional Development, Verica Kalanovic, and State Secretary for International Economic Relations, Jasna Matic, to grace the foundation stone ceremony.

The Government will also further contribute Euro 400,000 to the investment from the National Investment Plan. It shows that even they want the southern Serbia to grow faster.

The Minister expressed that this investment along with others will reduce unemployment figures in the country by half during the next five years. As their priority is equality of regional development. Earlier the Government had made the investments in the textile plant Zamber.

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