Bawazir Group to invest 9.5 million euros in Kovin

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Tasic & Partners represents clients from Indonesia, Etira Mushrooms, member of Bawazir Group, in the realization of greenfield investment – the construction of facilities for breeding and producing mushrooms. The first phase of this project has been realized through the conclusion of a land lease with the municipality of Kovin, on May 19th 2015.

The total investment, which will be implemented in the next three years, amounted to 9.5 million euros, will open approximately 400 new jobs.

The contract signing was attended by the director of the Serbian company, Mr. Nebojša Panić, Mr. Sunil Mamgain, His Excellency Mr. Harry James Richard Kandu, Ambassador of the Republic of Indonesia to the Republic of Serbia, as well as representatives of the Municipality of Kovin and the relevant ministry, accompanied by many visitors.

Marija Tasić, partner at Tasic & Partners, advisies clients in the areas of corporate law and all aspects of foreign direct investment, while Marko Damnjanović, junior partner, manages aspects related to the real estate leases and construction of the plant’s facilities.

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