Italy's Orox starts production of textile machines in Novi Sad Serbia. "This investment is worth few million euros, and we hope to have bigger production here than in Italy, where between 50 and 70 machines are produced annually“, Djordje Miodragovic, director of the project partner - the 3Latox company from Petrovaradin, said.
Italian company will kick off production in Novi Sad and hire 20 workers in April, while the number of employees should be doubled by the end od this year.
Orox's owner Franko Maiandi said that that company had decided to invest in Novi Sad because it was an university city where young and educated people lived. He added that the company would be hiring highly educated workers. Source: VIP