German company Leoni AG that already has plants in Nis, Prokuplje and Boljevac is currently building its biggest factory yet in Ratarsko Imanje in Kraljevo. The Mayor of Kraljevo, Predrag Terzic and Leoni Managing Director Clemens Sachs visited the construction on Wednesday.
– This is a huge step for this entire area. We received immense support for eh construction of our factory which should employ around 5,000 in the next few years, Sachs said.
According to him, the first 13 workers have already been hired and started their training while the employee election continues.
– The contract with our buyers states that the first samples, that is, prototypes will be manufactured in the new factory at the beginning of February 2019 whereas we expect to begin serial production by the end of 2019 or at the start of 2020.
Leoni plant complex in Kraljevo which will manufacture installations and cables for automotive industry covers the area of 45,000 m2 and the investment is worth a total of EUR 60 million.
– The employment process will roll out in phases and by the end of the year we will hire 150 workers. Withstanding the project and the contracts with buyers we plan to increase the number of our workers to about 5,000 by 2023, Sachs pointed out.
The Mayor of Kraljevo reminded that after four decades Kraljevo would get a big factory.
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