The Laying of the Foundation Stone of The German Factory “Vorwerk”

President of the Republic of Serbia Aleksandar Vučić attended today the laying of the foundation stone of the German factory, a producer of spare parts for the automotive industry, “Vorwerk Autotec” in Preljina, near Čačak. Investment is worth around 50 million euros.

“This factory will not only provide the existence of 1,000 workers and their families but will also have a positive impact on the entire Moravica district – Gornji Milanovac, Lučane, Ivanjica,” said President Vučić, adding that by opening new factories across Serbia will benefit the return of self-esteem and faith.

President Vučić noted that in the first five months of this year we had 1.161 billion euros of direct foreign investments and pointed out that this was 15.8 per cent more than last year. He expressed the hope that such a trend will continue in the upcoming period, by the end of the year.

“We are not late for incentives, we pay all credit obligations on time, and have a surplus for the third year in a row. This is new, hasn’t happened before in Serbia, and we will continue this trend with the aid of the new investments,” concluded Vučić.