Yura denies allegations – No moving to Albania and layoffs

The company Yura denied the media allegations about their moving a part of the production from Serbia to Albania in a statement for TV Prva.

In the official statement, Yura said that there would be no layoffs at the company and that there were no plans to move a part of the production to Albania.

Instead of laying off workers, Yura is building a new facility in Leskovac and will employ an additional 700 workers.

Mayor of Leskovac Goran Cvetanovic says that the South Korean company is obliged under contract to keep all its employees by 2021.

– Another 200 workers will be employed at Yura's existing plants by the end of the year, as well as 750 workers in the fourth plant – Cvetanovic said.

Yura Corporation d.o.o. Rača

Grad Leskovac

Yura Leskovac

production of car cables

new Yura plant in Leskovac

Yura moving production from Leskovac to Albania

Goran Cvetanovic