- Bulgarian company "Brikel" will invest 3m
EUR in "Trayal Corporation" within the next few days in order for
production in that company to start by the end of January – Petar Krastev, the new
CEO of the Kruševac’s tiry factory , announced.
- According to the plan, between 15 and 25m EUR will be invested in "Trayal
Corporation" prior to June 2009 – said Krastev.
As Krastev explained, the aim of the new management of "Trayal" is to
make it possible for the company to start generating profits in the second half
of year 2009.
Krastev said that he had been appointed as the Director General of "Trayal
Corporation" after "Brikel" had estimated that "former
management is unable to carry out the activities that lie ahead".
He said that the managerial team also included the new Deputy Director General
of "Trayal", Maksim Ivanov, and that Antoni Mitev, the Deputy General
Manager of 15 Bulgarian companies in Serbia, would help the team.
Krastev also said that "Brikel" had asked the Privatization Agency of
Serbia to extend the deadline for realization of 8.6m EUR worth of mandatory
investments until the end of year 2009.
- We asked the Privatization Agency to cut our mandatory investments by 30% for
the third, fourth and fifth 12-month period, and to extend the deadline by one
year for the second, third, fourth and fifth period, and the latter request was
also backed by trade unions – said Krastev.
He added that the investments in semi-finished products and manpower created
greater business effect than the investments in steel, that is, certain
equipment that was unnecessary at the moment.
Petar Krastev is the Director General of the following companies: "Božo
Tomić" from Čačak, FOP from Vladičin Han, "Nova Srbijanka" from
Valjevo, "Titelbrant" from Titel, "Zastava metal" from
Resavica, "Metalac" from Ivanjica, "Nevena" from Leskovac,
"Vulkan" and "Coal Trade" from Niš, ECE and "Rudnik"
Kovin, "Nova guma", "Pobeda" and "Industrijska
toplana" from Kruševac.
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