Toy producer for IKEA is opening plant in Pirot - Two new investors in Free zone

Source: eKapija Sunday, 06.03.2016. 19:15
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Illustration (Photo: Tom Tom/shutterstock.com)Illustration
Negotiations which have been ongoing with investors in recent months have been successfully completed so that agreements with two new production companies in Free Zone Pirot have been signed. Contracts define conditions of the purchase of land and framework modes and methods of construction of facilities which should generate new vacancies, Free Zone Pirot announced.

SZR Stojanović, engaged in locksmith and mechanical works, is planning expansion of the existing production capacity in the industrial park in the Free Zone Pirot.

Another contract was signed with iRely" the only European manufacturer of wooden toys for IKEA. The contract on behalf of iRely was signed by director, Ivan Ivanov. iRely is planning to, with the current Toy Factory in Bulgaria, Montana and Pazadrzik, and existing pellet plant in Pirot, set up its third production base in the industrial park and set up the most modern wood processing facilities in this part of Europe.

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