Two new investors are arriving in an industrial park in Serbia

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The industrial-chemical park in Prahovo, which will be the driving force for the development of that part of the Serbian economy, has already started working and could get the first two investors by the end of the year, the founder and owner of the Elixir Group, Stanko Popovic, told Tanjug.
The company is the holder of the Serbian chemical industry and the project in Prahovo, together with the Government of Serbia, for the formation of the first chemical-industrial park in the country, as well as the manager of the Port of Prahovo.
“We expect that one or two investors will be defined by the end of the year, I can’t say now which companies are in question, but these are foreign companies. These are companies that produce batteries and electrodes for electric arc furnaces,” said Popovic.
He adds that there is another, third investor, whose production is related to raw materials in the rubber industry, as well as that negotiations are currently underway with a total of seven companies.
“We can say that the park has already started working, Fosvea, a French company that produces phosphates and exports them to 90 countries, is already in the factory. It operates in a chemical park, using port services, electricity, logistics and other services,” said Popovic.
About 30 investors are expected in the park, who will directly employ about 2,000 workers.
Popovic notes that they currently have one problem in the park in Prahovo, since they have about 30 megawatts of electricity at their disposal, but that seven companies that have applied to operate there need more than 200 megawatts of electricity. So talks are underway with EMS and the government to build a 400-kilowatt transmission line that would provide enough electricity for all investors planning to come there.
He explains that the concept of the chemical-industrial park differs in relation to the industrial zone in that there are several companies in the zone, each of which is self-sufficient and has its own fenced space and infrastructure facilities, its own water supply and fluids.
On the other hand, in the chemical-industrial parks there is one operator that produces fluids for all investors, there is one purification, demineralization of water, preparation of technical water, central transformer station and wastewater treatment plant, logistics and everything else.
“Thus, the costs of investors in the park are reduced by up to 30 percent,” Popovic emphasized.
He points out that chemical parks often have companies that are suppliers to each other, in order to reduce logistics costs, Euro News reports.