EUR 3.5 mn for construction plant

EUR 3.5 mn for construction plant

According to the company’s general manager Vladimir Valenčić, the investment totals EUR 3.5mn.

"The plant will launch its test production in five months time," Valenčić said.

The plant is set to produce environmentally-friendly construction materials pursuant to ISO 14000 standards, which have been used in the construction of business and residential edifices in 55 states.

Revell Holdings Ltd. already set up 35 similar plants throughout the world. The production in Aranđelovac-based factory is expected to cover primarily Serbia’s market, and then spread to Romania, Bulgaria, Greece, Hungary, and former Yugoslav republics.