Factory "Golden Lady" in Loznica commenced production of socks

Source: Politika Thursday, 01.01.1970. 15:58
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Factory of Italian company "Golden Lady" in Loznica has started production of women's stockings that will be exported to the market of European Union. This factory currently has 80 workers and the works on installation of the up-to-date production equipment are in progress, which will enable hiring of 850 people by the end of the next year.

According to the words of Nerin Grasi, the President and the owner of company "Golden Lady", realization of this investment "is strongly backed by local self-government".

He announced that Loznica-based factory would be producing stockings as well as processing threads that would be delivered to the Valjevo-based factory of that company, which has 800 workers.

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