Mobi opens furniture factory in Knjaževac

The Serbian furniture company Mobi has opened a factory in Knjaževac. Mobi bought the former Tina factory out of bankruptcy and and will restart production there through an investment worth €1.5m. The factory's entire production will be exported to the European Union and Chinese markets, but the company plans to establish itself in India as well as Africa, Central and South America. Mobi's product range includes children's furnishing, bedrooms, as well as office furniture.