Sloboda and Metalac give up plans on joint production for now - Company from Cacak has EUR 25 million debt to settle
As Metalac General Manager Petrasin Jakovljevic told Ozonpress, it is necessary to first settle Sloboda aparati's debt of EUR 25 million before making any investment. After this debt is cleared, Metalac is ready to resume the production of certain old products from Sloboda's portfolio as well as to launch some new ones.
- Together with Sloboda workers, Metalac prepared a feasibility study. However, in order for us to move on, it is necessary to first resolve all the issues of Sloboda AD from the past - says Jakovljevic.
- According to the data provided by the Privatization Agency, Sloboda has a debt of EUR 25 million towards both creditors and former employees. Once all these issues are resolved, Metalac will still be interested in reviving Sloboda's old production and expanding its portfolio. It all depends on how the reorganization of Sloboda will end -Petrasin Jakovljevic explains.
Most Important News
06.04.2024. | Agriculture
Preconditions for Placement of Fresh Blueberries and Dried Plums in Chinese Market Secured
16.04.2024. | News
Jovan Ciric, Leasing Director Retail MPC Properties – MPC Echo symbolizes our desire for good ideas and innovative endeavors to spread freely and bring about positive changes
16.04.2024. | News
10.04.2024. | Finance, IT, Telecommunications, Tourism, Sports, Culture
Creative Industry – What This Serbian Economy Sector Worth EUR 2 Billion Encompasses
10.04.2024. | Finance, IT, Telecommunications, Tourism, Sports, Culture
18.04.2024. | Industry, Finance
Here come the new hunters for Serbian gold – Australian Strickland Metals buys mining project on mountain Rogozna
18.04.2024. | Industry, Finance
16.04.2024. | News
Economy Fair in Mostar opens – 26 companies from Serbia exhibiting
16.04.2024. | News
18.04.2024. | Transport
Jovanovic: Purchase of Siemens trams produced in Kragujevac for GSP Beograd should be considered
18.04.2024. | Transport