Slovenian "JUB" company will open in Serbia new department for production of powdery products

"JUB" company from Slovenia, which has opened 2 years ago a factory of colors in Simanovci at Pecinac, will open on May, 10th, 2006, a new department for production of powdery products.

"JUB" director for SCG, Vladimir Miletic, announced that this new investment had been realized for less than a year from the moment of making the decision to build up a department, thanks to the experience from the first investment. The value of the first investment was 6 millions eur, and this new one will be around 3 millions eur.

Miletic points out that there are 60 emploees in the factory, and in the new department would be hired 15 more workers. The company exports 75% of the annual production, before all to the Bosnian, Russian, Bulgarian and Macedonian market.

When talking about domestic market, "JUB" doubles their sale in Serbia every year, and in the next couple of years, they expect even greater increase.