Krusik, Jugoimport Open New Forge in Serbia
January 18, 2011
Krusik, a defense company located in Valjevo, Serbia, opened a new forge in December 2010 that required a $4.4 million investment and provided 100 jobs. The 8,500-square-meter facility is a joint venture of Krusik and public company Jugoimport SDPR. It was opened by Serbia’s Defense Minister, Dragan Sutanovac, who described the plant as important for raising production and employment and cutting the trade deficit.