Spel Manufacturing based in Kolin, Czech Republic, engaged in the production of cable and wire harnesses, low-voltage switchboards and contract manufacturing of low-voltage components and low-voltage subassemblies has signed a Greenfield investment agreement in Bela Crkva. The plant is expected to be operational in two years, and about 70 workers will be employed.
The manufacturing plant will be built on the area of 0.65 ha in the newly constructed Bela Crkva industrial zone. The Czech Embassy in Belgrade website states that the location in question will provide the company with greater choice of potential employees having in mind that the current unemployment rate in Bela Crkva is nearly 20%.
The Czech investor's plan is to build a factory over the next two years for producing its current assortment. The plant is supposed to employ up to 70 workers. The industrial hall will also include modern office space along with a storage unit and production hall.
– The company chose Serbia mainly because of a wide choice of qualifies workforce and to expand its current production capacities. The factory will operate on the principle of Contract Manufacturing which means that it provides manufacturing services based on customer requirements and specifications in construction, air conditioning, traffic and other segments, the Czech Embassy said.