Eurofiber to invest €4m in Serbian production plant

by   CIJ News iDesk VII
2018-09-21   12:23
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Eurofiber is planning to invest €4m in Cuprija, central Serbia, by the end of this year. The Chinese company produces yarn for Italian companies that manufacture women’s nylon socks. Eurofiber’s Cuprija plant will get new machinery and equipment before the end of the year. The company will also increase its workforce to 50 employees. Eurofiber moved its production to Serbia to be closer to its target market.