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Liquidation

Another factory closes: 270 people lose their jobs in Vranje

October 27, 2025, 11:15 p.m MLJ
Photo: Southern News/MD
"Kentaur" factory in Vranje
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Another foreign investor is leaving the country. The Danish factory "Kentaur" in Vranje is closing its plant, leaving around 270 employees without jobs, it was confirmed to "Vremen".

Factory "Kentaur" from Vranja has entered the liquidation process, factory director Ivan Trajković confirmed for "Vreme".

The workers of this plant did not know anything about it, until the security stopped them in front of the gate on the morning of October 27. Then they received a notification that a decision had been made closing the company, and that their personal belongings remained inside.

"Unfortunately, we have to inform you that the decision to close has been made. The closure will be implemented in the liquidation process," reads the notice received by the workers.

In the following, they are informed that their employment is terminated "by force of law", as well as that they will receive their salary for October and payments for unused vacation days.

"The company will give you a recommendation for any subsequent job," the notice added.

The workers say that they rejoiced en masse that the minimum wage was increased, and now they not only lost it - they lost their jobs.

Padlock to the South

It is impossible to count the number of companies and factories that have been closed in Serbia since the beginning of the year, mostly in the south of the country.

Leoni Factory closes its doors in Niš, and 1900 workers will lose their jobs, it was announced in July this year. They are before that Benetton, Johnson Electric and Drexlmeyer announced layoffs.

The layoffs and closings were affected by the crisis in the automotive and other industries, as well as the business environment in Serbia, which is no longer so cheap for foreign companies, primarily in terms of workers' wages.

Benetton worker for "Vreme": We do not have any signed guarantee

 

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