"Simpo" is planning export activities worth more than 42 million euros in 2011

Simpo's CEO, Sladjan Disic, announced that the company has ambitious business goals, particularly in terms of export growth, in the coming 2011.

- Export activities should go over 42 million euros in the next year, while production should be increased by 9.6% - Disic explained, noting that the export-jobs of the company mainly focus on the markets of countries with which Serbia has free trade agreements. Those are, above all, Russia, Belarus, Kazakhstan, Ukraine and Turkey, but also some Arab countries.

Disic stressed that the conquest of the Arab markets for our biggest furniture factory makes sense because, in his words, there is more capital in these countries and the impact of the global economic crisis is far lower than in other markets. Director of "Simpo" claims that this company, as well as other companies in Serbia, had been burdened in 2010 with a decline in purchasing power, inflation trends and variability of the rate, making sale of goods on the domestic market rather not as expected.

The leader of "Simpo" said that in the next year there are going to be considerable investments, primarily in the reconstruction of some factory plants, such as mattress factory in Bujanovac.

- The investment will be worth around 3.2 million euros and it will, in addition to a completely new technology, hire 70 new workers, which is important for Bujanovac and southern Serbia - said Disic.