Swarovski invest 40 million euros in production facility in Serbia, first one abroad

Following intense rumours about Romania and Hungary, Austrian crystal producer Swarovski have chosen Slovakia for a major production facility the first manufacturing unit abroad.

The investment will start with a 15 million-euro construction of the plant in Serbia’s northernmost town of Subotica. A representative of the Serbian Government confirmed: “Swarovski will invest additional 25 million euros in the second stage and the plant in Subotica will employ 600 people”