June 29 (SeeNews) - Belgium's Talent 4 Blinds (T4B), a manufacturer of window blinds and decorations, has opened a production plant in Serbia's Zrenjanin, the municipal government said.
T4B has rented out the 1,200 sq m premises for the factory from local company Alpin, where it currently employs some 50 people, Zrenjanin's municipal government said in a statement following an official opening ceremony.
The Belgium company plans to employ 180 to 200 workers by 2020, in a newly built plant in which it will invest some 3.5 million euro ($4.1 million).
Zrenjanin's local government recently decided to grant T4B a 5,000 sq m land plot to build its new premises, but the government of Serbia is yet to give its consent.
The output of T4B's Zrenjanin factory will be exported to Western Europe and Russia.
T4B is a member of the Avalon and Co group.
($=0.8599 euro)