Almex Invests 3.5 mln Euro In Starch Factory

March 18th 2024

Serbia’s Almex invests 3.5 mln euro in Jabuka starch factory.

Serbia company Almex invested 3.5 million euro in the automation of production at its Jabuka starch factory in the central city of Pancevo, the economy ministry said.

The economy ministry is providing 701,135 euro in incentives for the investment project, economy minister Slobodan Cvetkovic said in a press release last week.

According to the Serbian business registry, Almex is controlled by Miroslav and Srdjan Aleksa, who own 60% and 40% of the company. It was established in May 1992.


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