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Ikea in Serbia by Spring of 2014

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First Deputy Prime Minister Aleksandar Vucic on Sunday announced that Swedish furniture maker Ikea would come to Serbia in April 2014 and that if Serbia gets a date for accession talks with the EU this June there will be more foreign investments.

Appearing on Prva television, Vucic said that after a long time, the question of Ikea's arrival in Serbia has been settled.

Vucic said investments and employment are a priority for the government, and added that getting a date for accession talks with the EU would be a good signal to foreign investors and that KIA and Hyundai could then open car parts plants.

He also spoke about the possibility of a deal with the United Arab Emirates to build a factory for the production of computer chips.

According to Vucic, Serbia got a great deal in the sale of seven unprofitable agricultural cooperatives to UAE company Al Dahra for EUR 100 million, with additional investments between EUR 6,000 and 8,000 per hectare.


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