Brnabic: Investors who came because of the cheap labour are leaving

BizLife 26.07.2021  |  Beta

Prime Minister Ana Brnabic stated that, if the Italian company Geox closes the plamt in Vranje, the employees of that company will not lose their jobs because state will find a new investor.

She said that Geox has huge problems, which, according to her, are largely conditioned by the crisis due to the coronavirus pandemic, but also the fact that it is “one of those investors where a large part of business costs relies on workers’ salaries.” “They came to Serbia in 2014 because at the time we were a destination that was promoted as a cheap labour force country and that is why, as average wage and minimum wage grow, we will have a problem because

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