New investment of company "Ball Packaging" in Serbia – unit for production of tin can covers in Zemun in 2010

Company "Ball Packaging Europe Beograd" has announced today (February 5, 2009) that it plans to have the unit for production of tin can covers, worth about 25m EUR, built in Serbia in 2010.

The Project Manager of "Ball Packaging Europe Beograd", Anthony Barnett, said that the unit would be built within the existing factory and that the preparations were in progress. He also added that the realization of that investment would depend on the global financial crisis and demand in the market.

As he explained, the plan is that about 60 new people get jobs, while the production capacity should range between 1.5 and 2.25 billion units a year.

The CEO of factory "Ball Packaging Europe Beograd", David Banjai, said that that factory had produced 750m tin cans in 2008, and that all capacities had been employed. He also said that 70% of products had been exported.

He said that the company planned to increase sales in 2009 in spite of the global financial crisis, but he could not specify the amount of that growth.

Ball Pakovanja Evropa Beograd d.o.o. Beograd

Ball Pakovanja Evropa Beograd d.o.o. Beograd

Ball Packaging Europe

Anthony Barnett

David Banjai