Bor's furniture industry "Xinaris" sold to company "Sevon Limited" from Cyprus for 50m RSD

Source: Tanjug

Thursday, 01.01.1970.

13:41

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Furniture factory "Xinaris" in bankruptcy, in village of Zlot near Bor, was sold for 50m RSD to Cyprus-based company "Sevon Limited".

The representative of the company from Cyprus, Radoslav Ivković, stated that "Xinaris" would not change production field after the change of the owner.

He said that that factory would resume with the production of wooden furniture and that some wooden profiles would be produced for the needs of the customers from the civil-engineering sector.

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