“Albon” is building a factory in Kragujevac – Agreement of cooperation signed

“Albon” company, city of Kragujevac and Ministry of economy signed on May, 9th, 2008, Agreement of building a factory for car parts in Kragujevac.

British “Albon”, which manufactures car parts and is already involved in business in Simanovci, has intentions of building car parts factory in Kragujevac, in which it will invest 40 mil EUR and hire 420 workers.

Mladjan Dinkic stated that the investment would supported with the money from the National investment plan, through the program for encouragement of direct investments through the Agency for foreign investments and promotion of export.

- Machines manufactured in Pecinci, will be installed in Kragujevac, and they will be used for car parts manufacture – said Dinkic, addind that the entire production will be exported, except the parts which are planned for “Fiat” in Kragujevac.