ITALIAN UNDERWEAR SPECIALIST BUILDS NEW SERBIA FACTORY
May 1st, 2011
BY ZLATKO CONKAS
ITALIAN hosiery specialist Golden Lady has started building its third factory in western Serbia, its second in the city of Loznica. With this latest Euro EUR6 million investment, the company's total investment in Serbia since 2005 will exceed Euro EUR100 million. "The building works will be over by the end of 2011", said Gaetano Paolillo a Golden Lady board member. The new factory will make women's stockings and tights - of which 90% will be exported worldwide through Golden Lady's Italian trading offices - only the 10% remainder will ...
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