Spanish composites maker Refisa opens factory in Serbia

Serbia's economy ministry said that Spanish manufacturer of structures made from composite materials Refisa has opened a factory in the Priboj free zone, in western Serbia.

The factory will initially have 20 workers and the company plans to hire a further 50 by the end of the year, the ministry said in a statement. 

Refisa is the first investor in the Priboj free zone established in the area of a former factory of truck maker Fabrika Automobila Priboj (FAP). The government expects to close negotiations with other foreign companies that will hire a few hundred employees in the coming years.

In April 2016, the Spanish Institute for Foreign Trade (ICEX) announced that Refisa has rented a warehouse in the Priboj free zone for a period of ten years where it plans to produce polyester components for train interiors, the economy ministry added.

Priboj free zone spreads on more than 26 hectares and includes a brownfield and greenfield investment areas.

Companies: Refisa Composite Structures, Serbia's economy ministry

Terms: Business

This article has been edited by Basalt.Today
This article has been written on JEC Composites Magazine
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