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Big investments a way out of crisis

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Minister of Regional Development and Local Self-Government Verica Kalanovic and Prime Minister Ivica Dacic attended the official putting into work of a new painting line in the factory Impol Seval a.d. in Sevojno.

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Kalanovic pointed out on this occasion that big investments are a way out of crisis, and recalled that the Serbian government yesterday adopted the 2013 Budget Bill which envisages reduction of the budget deficit by half compared to 2012.

Many are asking if the government’s plans in this sense are realistic. This event is showing that they are and that Serbia can produce and export more and that the next year’s budget can be bigger by the planned 5%, the Minister underlined.

She underlined that owing to companies such as Impol Seval, the region of west Serbia is becoming a region that exports more and more and that in that sense it is comparable with the Belgrade region, which has been the biggest exporter so far.

A new painting line was put into operation today at Impol Seval a.d. in Sevojno in which this company invested €17 million, by which it included a new product in its product range – a double side painted aluminium strip, an alloy of aluminium and steel with a wide usage in construction, industry of transport equipment and in the production of home appliances.

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This is the state-of-the-art painting line in Europe which complies with all environmental standards.

Source Serbia Gov.

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