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Benetton registers company in Serbia

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Benetton, which plans to open a factory in Nis, has registered the company Benetton Serbia in Belgrade, a news release from the office of Nis Mayor Milos Simonovic said.

Benetton, which plans to open a factory in Nis, has registered the company Benetton Serbia in Belgrade, a news release from the office of Nis Mayor Milos Simonovic said.

According to data provided by the Agency for Busines Registries, Benetton Serbia was registered on Feb. 25, with the founding capital of EUR10,000.

Mayor told that Benetton’s Serbian firm is registered in Belgrade rather than in Nis, because a sales contract has not been signed yet.

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“They cannot register a company in Nis until the sale contract is signed,” he said. The mayor also said that the contract will be signed in midApril and that the company will launch production in Nitex facilities as early as midMay.

“Benetton plans to employ 2,700 over the next four years. The investment will total EUR43 million and the state will back this project with EUR9,000 per each new job,” he added.

Source emg.rs

 

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