Local Economic Development Office

When we considered the continuation and expansion of our business in Serbia, we immediately chose Nis. As you know, we have a factory in Prokuplje, with the same production program that we intended to do here in a new factory. In addition, this is a great place to invest because we already have relationships here, and road connectivity is something that is very important from the point of view of our logistics. The supply of manpower was of great importance to us as we were able to find the required number of workers here for our factory. I want to emphasize that from the very beginning we had the full support of the City of Niš and all competent institutions, above all the Office for Local Economic Development. There was no obstacle that would slow us down or affect our decision to build a third factory in Serbia right here in Niš.

The decision of the Beneton-Olimpias Group to invest in Serbia and the City of Niš was made in Belief that we will find the right staff here, excellent logistical conditions and an optimal geographical location and that we will develop a strong partnership at national and local level. Our expectations have largely been fulfilled, as evidenced by our many years of presence. We would like to thank the local authorities and representatives of the Office for Local Economic Development, who support us in the implementation of our business plans. We welcome an active policy of developing the economy and attracting foreign investment, so that we can take advantage of all the potentials and benefits of doing business in the Nišava district, which have attracted us and made us stay for many years in this city, because Niš is our city, too!

ZUMTOBEL GROUP would like to this opportunity to share our positive and collaborative experience working in partnership with City of Niš, Office for Local Economic Development team. Since we started our project here, we have received excellent support, cooperation, guidance and enabling our strategic investment project to establish our manufacturing operations here in the City of Niš. Throughout the development, planning and execution of our project we have received outstanding cooperation and partnership experience in working directly with OLED who have been instrumental in providing clear direction with local economic development, applications, permits and environmental compliance, ensuring their continuous, active and dynamic engagement of support from project start to project finish. These positive experiences and support received throughout our entire project also played a major role in the successful completion of our new manufacturing facility in the City of Niš where we opened our factory on scheduled time in September 28 th 2018.

Decision to expand our presence and operations in Serbia, by opening new factory in Niš and southern Serbia in general turned out to be very good. Yura Corporation carefully considers all investments potentials of some region or city. We are proud to the fact that our corporation was among the first companies to discover all the potentials and benefits which City of Niš provides such as geostrategic position, airports and infrastructure. As a city with a strong industrial background, City of Niš abounds with skilled labor and existance of the Univercity is another advantage. Nowdays our corporation employs more than three thousand people from the Niš district which set as on the on the first position as a largest foreign employer in this city. We would also like to emphasize good cooperation with local authorities and public institutions and point out that together we managed to overcome any difficulties . For the next successful years to come. Together we are Faster and Better.