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

Christian Fernsby ▼ | March 12, 2020
The Swiss company Regent, which produces electric lighting, will launch production in Svilajnac, Serbia in April.
Svilajnac, Serbia
Business in Serbia   Svilajnac, 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.

Topics: Switzerland Regent factory Serbia

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.