Impol Seval plans to invest EUR 30 million in modernization projects - Average salary of non-managerial workers at RSD 67,000

The aluminum mill Impol Seval from Sevojno plans to invest EUR 30 million in production modernization.
This new investment will be implemented over the next few years and financed mainly from current operations, and only partially from a loan, CEO Ninko Tesic told B92 and added that Impol Seval was not burdened by loans as it had just a EUR 29 million loan to repay, while its annual turnover amounted to EUR 120 million.
Tesic said that the first contract for the new EUR 15 million equipment would be signed Thursday, which should make it possible for the aluminum mill in Sevojno to "keep up with the competition".
Impol Seval has about 700 employees, and the average wage of non-managerial workers at this company is at RSD 67,000, which is above the national average and 30% higher than the average wage in their respective industry.

Impol Seval ad Sevojno

Impol Seval aluminum mill

Ninko Tesic

Impol Slovenske Bistrice

Impol Seval operations