German company BIZERBA and the Ministry of Economy of the Republic of Serbia sign an Agreement on Awarding Grant Incentives for the project of the company in the City of Valjevo.

Photo: Tanjug/Strahinja Acimovic

It is an investment worth approximately €30 million, which includes the construction of the production facility in Valjevo on an area of 10.000 square meters. According to the company, the plan is to finalize the construction of the factory by 2022. 

The project intends to provide 300 new jobs. 

Representatives of the company Bizerba and the Ministry of Economy signed an agreement today after the meeting with the President of the Republic of Serbia, Aleksandar Vučić.

Photo: Tanjug/Strahinja Acimovic

President Vučić highlighted the importance of this investment project for the development of the region Kolubara and the city of Valjevo, whereas representatives of Bizerba emphasized how Serbia is an attractive investment destination as it offers new market and opportunities to grow further.

Bizerba SE & Co. KG is a German provider of weighing and slicing technologies for industry and trade and is a worldwide leading specialist in industrial weighing and labeling technologies. It was founded in 1866 and today is present in 120 countries. With around 4.300 employees worldwide and with headquarters in Balingen, Germany, Bizerba has now been in the same family for five generations.