According to Serbian Economist, the Serbian government will allocate €10.6 million in subsidies to Lafarge Beočin, part of the Holcim group, for the construction of a new cement production and distribution plant in Obrenovac, according to the Serbian Ministry of Economy.
According to an agreement between Economy Minister Andrijana Mesarovic and Lafarge Director Dimitrij Knegić, the company will invest €112.25 million in the project and create 51 permanent jobs by the end of 2026.
Lafarge has committed to paying new employees a salary at least 20% above the minimum wage and to maintaining a total workforce of at least 320 people for five years after the project’s completion.
The subsidies will be paid in three stages — in 2026, 2027, and 2028.
Lafarge Beočin, founded in 1839, is one of the largest cement producers in Serbia and is part of the international Holcim group. The plant in Beočin is the oldest cement plant in the Balkans, with a production capacity of over 2 million tons of cement per year.
According to data from the Statistical Office of Serbia, the country’s annual cement production is around 2.5-2.8 million tons, of which more than 70% is accounted for by Holcim / Lafarge.
