Serbian Deputy Prime Minister Verica Kalanovic stated Monday that Belgium’s Metech had hired 136 new workers in Smederevo, thanks to the government’s incentives in the amount of EUR 300,000.
She also added that the company’s exports would be doubled in 2011 – from EUR 2.1 million in 2010 to about EUR 4.5 million until the year’s end. The Deputy Prime Minister announced on that occasion that the government’s financial support to companies, mainly export-oriented ones, would be expanded in 2012.
After visiting the plant and talking with the management of Metech, Ms. Kalanovic said that the total investment amounted to about EUR 6.5 million. She explained that the government had granted incentives for the creation of 100 new jobs, while 136 people had been employed instead.
Metech, which makes sheet metal products, exports the entire production, primarily to Belgium, Slovakia and other EU countries, while some of its most significant clients are companies Siemens, Nokia, and Atlas Copco.
Director of the Serbian Investment and Export Promotion Agency (SIEPA) Bozidar Laganic reminded that the incentives for the company Metech had been granted in April 2010 and that the company was close to fulfill all its obligations agreed with the Serbian government.
