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Turkish knitters urged to set up manufacturing plants in Serbia

Related Keywords: country offers best conditions, emerging markets of Eastern Europe, expected to grow, FDI, financial incentives, Foreign Direct Investments, in the Western Balkans, link between southern and central Europe, prime strategic position, such as government subsidies, Turkish investment in Serbia, Turkish knitted fabric and knitwear manufacturers

Turkish investment in Serbia is expected to grow in the short term as the country offers the best conditions for foreign direct investments (FDI) in the Western Balkans. The Balkan country is offering financial incentives, such as government subsidies, as well as a prime strategic position as a link between southern and central Europe and the emerging markets of Eastern Europe, said Aleksandar Medjedovic , the chairman of Turkey - Serbia Business Council.

Textile manufacturer Warm Company to expand its existing textile plant and distribution center

Related Keywords: distribution center, expansion plan, financial incentives, nonwoven textile, sewing industry, textile manufacturer, textile plant, Warm Company

The Warm Company, textile manufacturer dedicated to providing innovative quality products for the quilting, crafting, and sewing industry as part of its expansion plan would be investing a $4.9 million to expand its existing textile plant and distribution center off Old Sunset Hill Road which will create at least 10 new jobs.

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