Balkans: Italian shoemakers eye Serbian production Belgrade, 30 June (AKI) – Italian shoe producers are planning to move their entire production to Serbia, taking advantage of low labour costs, a highly skilled workforce and Serbia's access to potentially lucrative Russian and east European markets, officials said on Wednesday.
"Serbia has a highly skilled work force and competitive labour prices, unlike other countries in the region," said Italian company FERAX International representative Giancarlo Campana, quoted by Serbia's Tanjug news agency. “We want to start with Serbia as a strategic country, because of its excellent relations with Russia,” he added. Serbia has a duty-free agreement with Russia, which would open a huge Russian and east European market to Italian shoemakers, Campana said. He was speaking after a meeting at the Serbian Chamber of Commerce in Belgrade, where he met several Serbian successful shoe producers who are interested in working with Italian shoemakers. FERAX International is representing several Italian shoe producers which want to break into the east European market, Campana said. Serbia offered numerous opportunities and advantages to Italian shoemakers, he said. http://www.adnkronos.com/AKI/English/Business/?id=3.1.618287277
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