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Construction works on aluminum billets factory in Uniprom KAP begin

Published on: Apr 24, 2019 9:16 PM Author: PR Service
"Continuation of aluminum production is of great importance for the overall economic development of Montenegro, and through announced investments "Uniprom" will continue to strengthen its position on the aluminum market, which will greatly contribute to the strengthening of the Montenegrin economy," Minister of Economy Dragica Sekulić said today on the occasion of marking the start of construction works on the factory of aluminum billets/logs within the Uniprom KAP.

Minister of Economy Dragica Sekulić and owner of Uniprom Veselin Pejović jointly marked the beginning of works on the factory.

Sekulić said that Uniprom – Aluminum Plant Podgorica was recognised as a subject with a clear vision, clearly defined short-term and long-term goals and guidelines for further development of the company.

"In addition to the already installed silumin factory, which will produce 30,000 tons of special alloys of an outstanding foreign market value of 75 million dollars, which will be opened soon, we are starting to implement the next project, which is the construction of a new factory of aluminum billets/logs," Veselin Pejović said.

The opening of the factory is planned for December 2019. The planned value of this investment is approximately EUR 15 million. It is expected that these two factories will create 80 new jobs.
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