The Serbian Government website reports that Serbian Minister of Economy Predrag Bubalo visited Nis today where he opened a fashion fair which is being held in the organisation of the Association of Entrepreneurs and the Impuls textile cluster.During talks with Nisava District Head Milan Lapcevic and representatives of the local self government of Nis, Bubalo said that this year the Serbian government has allocated 80 million euros to encourage the development of small and medium-sized enterprises (SMEs), which will create some 11,000 jobs.
He said that within the framework of the process of reviving the Serbian textile industry, 35 textile companies are planned to be auctioned off this year, while the tender for the Niteks textile factory from Nis, which has undergone restructuring, will be announced by the end of next week.
