Related Keywords: adopted capital restructuring plan of Yumco, armies of Germany, end of this month in Bujanovac, Finland and Italy, plans to open a textile facility, Serbian government, Serbian state-owned holding group, Yumco, Yumco factories engaged in producing uniforms
Yumco, a Serbian state-owned holding group plans to open a textile facility by the end of this month in Bujanovac, the country's south, stated the managing director of the company, Branislav Trajkovic.
Trajkovic said that Yumco factories were engaged in producing uniforms for the armies of Germany, Finland and Italy.
The Serbian government adopted a capital restructuring plan of Yumco on December 21, obliging state-owned creditors to convert their debt into shares in the company, he added.
