June 4 (SeeNews) - Serbian company Bambi Success plans to invest 2.9 million euro ($3.2 million) in the construction of a coffee factory in Pozarevac, the city government has said.
The factory will be built in the industrial zone of Pozarevac, in eastern Serbia, and will have a workforce of 22 employees, the city government said in a statement earlier this week.
The factory, which will spread of 1,600 sq m, will have a production capacity of 200 tonnes of coffee per month, the director of Bambi Success, Aleksandar Miljkovic said in the statement, adding that the company plans to launch a second phase of the development of the factory in 2021.
Bambi Success is 100%-owned by Pozarevac-based company Agrofood International. Bulgaria-based company Agri Kommoditu, based in Sandanski and owned by Bulgarian citizen Ivan Meshkov, controls the entire capital of Agrofood International, according to data from the Serbian and Bulgarian business registers.
($ = 0.892765 euro)