Mr Moretti, CEO of Geox, and Mr Dinkic, Serbian Minister of Finance and Economy, signed an agreement on awarding funding for direct investments. Geox will invest EUR 15.8 million to build a new shoe factory in Vranje, a town located in south Serbia.
Thanks to this agreement, the new factory will employ 1250 workers, who will work for the production of high-quality fashion footwear for women.
Source: http://www.bc4sconsulting.com/geox-new-factory-in-serbia/
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