Turkish Ormo Group Opens a Factory in Lebane

Ormo Group is the biggest exporter of woollen yarn in the world, and the factory was opened in the reconstructed halls of the former textile company Eksporteks. It takes up 12,700 square meters and is the first factory opened in Lebane in the past 30 years. It is also the first factory that Ormo Group has opened outside of Turkey.

The factory currently employs 130 people, and once it starts operating at full capacity, it will process around 15 tons of woollen yarn.

The state invested around RSD 200 million in the purchase of Eksporteks from bankruptcy and the reconstruction of the halls.

The opening of LebanTeks was attended by Serbian President Aleksandar Vucic, Minister of Economy Goran Knezevic and Minister of Trade, Telecommunications and Tourism Rasim Ljajic.

Vucic said that the Turkish company had invested EUR 500,000 in the Lebane facility. The plan of the group is to hire additional 300 workers in the future.

– The company will be able to export woollen yarn to all the world markets. It will be exported to Russia, Turkey nad Western Europe. The exports will reach EUR 11 million by the next year – Vucic said.