Toennies to build 20 pig farms, back agriculture

Toennies Holding CEO Clemens Toennies said in Belgrade on Monday that Serbia "has ensured conditions conducive to investments very quickly."

Source: Tanjug

He at the same time announced the building of five pig farms for a start, out of the planned 20.

After the signing a memorandum of understanding between the Serbian government and German company Toennies, he said that the food will also be produced in Serbia, which means that there will be “a complete chain” of production.

The owner of Europe's largest meat producer said that the company knows how to produce and export to world markets, adding that they would like to have closer cooperation with Serbian farmers so they could make a living together.

At a joint press conference with Prime Minister Aleksandar Vucic, he said that it is important to back the development of agriculture, adding that he already talked with Minister Snezana Bogosavljevic-Boskovic so as to ensure that Serbia draws on Germany's rich experience.

In that sense, he announced the building of a school and campus where people will receive a relevant training.

We will invest all our efforts into this project, Toennies said.

Business & Economy

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