Business news from Ukraine

Business news from Ukraine

Construction of corn starch processing plant will begin in Serbia

21 May , 2025  

In 2025, construction will begin in Serbia on the largest food industry enterprise in decades—a corn starch processing plant. The project is being implemented by Amelo, part of the Moldovan agro-industrial group Trans-Oil.

Location and scope of the project

The plant will be built in the city of Sremska Mitrovica on the site of the former Checherana sugar factory. The total investment will amount to €35 million. The plant will be able to process up to 250,000 tons of corn per year, producing native and modified starch, as well as corn syrup for the food, pharmaceutical, and chemical industries.

Construction will begin in May 2025 and will last 18–20 months. The project partner is the Chinese company Myande Group, which specializes in equipment for starch production.

Once operational, the plant will create around 150 new jobs. Sremska Mitrovica Mayor Branislav Nedimovic noted that this is one of the largest investments in Serbia’s food industry in the last 40–50 years.

The new plant will increase domestic corn processing, reduce raw material exports, and increase the added value of products. This will strengthen Serbia’s position in the European market for starch and related products.

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