September 19 (SeeNews) - British American Tobacco (BAT) launched a packaging line at its factory in Vranje on Tuesday, Serbia's government said.
The company has invested 3 million euro ($3.6 million) in the packaging line, the Serbian government said in a statement.
With the opening of the new unit, BAT intends to increase exports from Serbia to the rest of Europe, prime minister Ana Brnabic said in a video file posted on the website of Serbian news agency Tanjug on Tuesday.
Serbia will work to facilitate the exports of BAT by encouraging the economic integration of the Western Balkans as part of the Berlin Process, Brnabic said and noted that BAT has invested 1.7 million euro in corporate responsibility projects since setting foot in Serbia.
In May 2016, BAT opened a new production line worth 5 million euro at its plant in Vranje, in southern Serbia. The facility increased the plant's output capacity by 40%, making it a manufacturing hub for the Central European Free Trade Agreement member states.
($ = 0.834936 euro)