Ferrari Investment East buys AHA Mura Prvi Maj

Ferrari Investment East Europe of Backa Palanka, Serbia, has bought the bankrupt Pirot-based AHA Mura Prvi Maj for RSD284m (US$2.6m), according to the bankruptcy administrator.

The British-Slovenian company AHA Group bought three production halls of Prvi Maj for €2.1m (US$2.3m) in September 2012 and received subsidies worth €6.6m (US$7.2m) from the state budget – €5,000 (US$5,440) for each new job created.

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