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Turkish textile company Birlesik Tekstil to start factory in Serbia

Turkish textile company Birlesik Tekstil is planning to open a factory in Belgrade, Serbia by the end of this year. This was announced by Belgrade Mayor Sinisa Mali. The proposed factory will come up in the city’s Lazarevac municipality. Birlesik Tekstil has acquired a factory of insolvent local textile company Beko and is looking to appoint 600 employees by the end of 2017 and another 600 at a later stage to do business.

Serbia imports $180 million worth of textile from Turkey annually which is the reason why Serbia should attract Turkish investors here says Ljajic. Serbia plans to promote a model that involves the reconstruction of old and abandoned halls where interested investors could install machinery and immediately start production. The country’s exports to Turkey rose by 10.8 per cent to 30 billion dinars in 2016, while imports from Turkey increased 18.1 per cent to 74.3 billion dinars, according to data from Serbia’s statistical office.

 
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