Tai Group to open €35m textile factory in central Serbia

Tai Group will open a textile plant next spring in central Serbia. The new factory, Eurotay, will be located in Adrani, near Kraljevo. The investment is valued at €35m. The Turkish company is planning to employ between 400 and 700 people to start. By 2023, Tai intends to have 2,500 people on the payroll. There will be an onsite kindergarten for employees’ children. Turkish President Recep Tayyip Erdogan is expected to attend the factory opening.