Italian Vibac breaks ground on 18 December for tape production factory in Jagodina – EUR 60 million investment

On 18 December the Italian company Vibac will begin building a factory for manufacturing state-of-the-art tapes for industrial packaging, making a EUR 60 million investment.

The technical plant will cover 40,000 square metres and will be one of the largest industrial plants to be built in Serbia employing Serbian construction companies.

Situated in the Industrial zone on Corridor 10, the 40,000 square metre factory and accompanying facilities will provide jobs for 300 people.

Vibac company representatives signed a contract in Belgrade in May for building the factory, with representatives of the Government of Serbia and the City of Jagodina.

Translation provided by: www.halifax-translation.com