Ditre Italia invests EUR 13.4 million in furniture factory in Vranje

The company Ditre Italia plans to invest EUR 13.45 million in the construction of a furniture factory in Vranje. A Memorandum of Cooperation was signed Tuesday by Deputy Prime Minister for Economy and Regional Development Verica Kalanovic, Vranje Mayor Miroljub Stojcic and Ditre Italia General Manager Michele de Marchi.

Ditre Italia intends to buy part of Yumco's property and open a leather upholstered furniture factory in Vranje, which will employ 411 workers.

The mayor of Vranje said after signing the MoU that that project would mark the year 2012 and added that the Investment Project Implementation Team would be formed very soon.

Kalanovic voiced her belief that the factory would operate successfully because there were enough qualified workers registered with the local National Employment Office.

De Marchi explained that his company had not chosen Vranje accidentally, recalling that that would be the third and the largest investment of Ditre Italia in Serbia.

The company already operates in Serbia under the name of Top Sofa Srb, and it will now receive incentives of EUR 5,000 for each newly created job from the Serbia Investment Promotion Program (SIPP).

Ditre Italia is a renowned Italian producer of leather upholstered furniture, operating production facilities in Italy, Romania and Serbia with a total of about 600 workers. Its products are sold all over Europe through famous retail chains such as But, Konforama and Lutz.