Source: Novosti | Monday, 31.10.2016.| 15:19
Highlight an article Print out the news

Impol Seval buying ruined company from Sibenik

Sevojno-based Impol Seval, member of Slovenia's Impol system from Slovenska Bistrica, is a rare example of successful privatization in western Serbia. Their annual export amounts to EUR 100 million, and the entire Impol system, with facilities in Slovenia and Serbia, will make more than EUR 30 million of profit this year.

– We have rented, and I believe that we will be able to buy, the Sibenik factory in bankruptcy, as the demand of the automotive industry will increase in the years to come, explained Jernej Cokl, board member at Impol.

– We are already working for BMW, Mercedes and other top companies and we are the only ones able to offer 200 different aluminum alloys, which makes us the largest European manufacturer in that area.

As the director of the factory, Ninko Tesic, said, this will be the best year in the factory's history. He announced EUR 37.5 million of investments in 2017.
Only logged-in users can comment.