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Geox to invest €15.8 million in new Serbian factory

10/10/2012

Breathable footwear manufacturer Geox is to open a factory in Serbia with an annual capacity to produce 1.25 million pairs of shoes. The €15.8 million plant in the southern city of Vranje will employ 1,250 and receive government aid for creating jobs, according to the office of finance and economy minister Mladjan Dinkic. The chairman of the...

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