Hosiery producer Golden Lady is reported to be planning to build a new 6,000 m2 production facility in Loznica, Serbia, and hire another 200 workers.
The company is exporting €100m (US$130m) worth of goods a year to Russia and opened a new logistics centre in Loznica October 2012, from where 13-15 trucks leave for Russia every week.
For the full story, see the April 2013 edition of Textiles Eastern Europe. Not a subscriber? Subscribe HERE