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Italian company Golden Lady building new factory in Loznica

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Deputy Prime Minister and Minister of Economy and Regional Development Mladjan Dinkic, owner of Golden Lady Nerino Grassi and Mayor of Loznica Vidoje Petrovic signed a Memorandum of Understanding on the construction of Golden Lady’s new factory in Loznica.

Dinkic recalled that this Italian company is one of the largest investors in Serbia with a total of over €100 million in investment.

He added that its two factories, in Valjevo and Loznica, employ approximately 2,000 employees.

This means that the company is satisfied with Loznica, the workers it has hired and the conditions provided by the Serbian government, the Minister stressed, announcing that Golden Lady will now be granted even larger incentives, having earned these with its investment so far.

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Grassi highlighted that the new factory in Loznica will expand capacity and help to complete the production process, as well as create new jobs.

The company has 15 factories worldwide and was founded in 1967. It produces stockings, underwear, bathing suits, pyjamas and other textile products.

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