Gorenje in talks to lease out, sell factory in Serbia’s Zaječar


Photo by OleksandrShnuryk / Shutterstock.com

Slovenian white goods manufacturer Gorenje, controlled by China’s Hisense Group, plans to close its sanitary equipment factory in Zaječar, eastern Serbia and is in talks for the lease-out or sale of the production facility, Serbian media reported as cited by news portal SeeNews. 

Photo by OleksandrShnuryk / Shutterstock.com

The factory has been operating with significant losses for a long time and the management of Gorenje is intensively negotiating with two potential partners who would rent or buy the production capacities and re-employ its workers, Serbian News Agency Tanjug quoted the director of the factory, Vlado Krebs, as saying.

Gorenje started the production of sanitary equipment under the Gorenje Home brand in Zaječar (244 km southeast of Belgrade) in 2011 after it acquired the factory of local sector player Porcelan. 


European e-commerce soars during pandemic - study Analysis

European e-commerce soars during pandemic - study

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Duncan Graham reelected as BCCH president Appointments

Duncan Graham reelected as BCCH president

Chain Bridge to be closed for traffic for 18 months City

Chain Bridge to be closed for traffic for 18 months


Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.