Napredak furniture factory acquired by local firm

8 June 2020

The bankrupt Napredak furniture factory in Požega, was acquired by Inmold, which expects to renew production this week. The factory, which went bankrupt in 2017, has an estimated value of RSD 140 million. Production is to be modernized. Prime Minister Ana Brnabić visited the factory and pointed out that family companies such as company Inmold are just as important as foreign investors for Serbia, and that Požega as a city has the potential for further development because it has 65 hectares of industrial zone.

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