Friday, 10th October 2025

Benetton Closes Niš Factory

Economic Downturn Forces Closure of Serbian Plant as City Pledges Support for Displaced Workers

In a blow to the local economy, Benetton has confirmed the closure of its only Serbian factory in Niš, leaving over 900 workers facing redundancy.

The decision, prompted by a global crisis within the Benetton group, follows a significant decline in orders, reducing production to nearly zero in recent months.

The closure will take place within the next two months, with workers set to be officially declared redundant.

Niš’s mayor, Dragoslav Pavlović, assured the community that the city would collaborate with national agencies to offer support, including reemployment opportunities at other companies, as demand for labor in Niš remains high.

The mayor also revealed plans for a new job training program and self-employment initiatives for those seeking alternative career paths.

However, local politicians are calling for urgent intervention, suggesting that the Niš plant could be bought and maintained by the state to safeguard jobs.

The closure of Benetton’s Niš factory adds to mounting concerns over job losses in the region, particularly in other major companies like Jura and Niš Express.

Have a news tip or story to share? Email us at info@connectingregion.com

Zuckerberg Predicts Mobile Phones Will Disappear by 2030

TThis is inevitable as new technologies like augmented reality (AR) glasses and virtual reality (VR) devices reshape how people...

ProCredit Launches ProConnect Platform

The platform is the first of its kind in the region, offering firms the ability to present their products...

Switzerland Tops Global Innovation Ranking, China Enters Top 10

China has entered the top 10 for the first time, taking the 10th spot and replacing Germany, which fell...

Meta, Google, Microsoft Pay Top AI Experts Up to $300K

Meta, Google, and Microsoft offer top researchers up to $300,000 annually—and up to $1.5M over four years. Meta recently...

World First: Albania Elevates AI to Ministerial Rank

In a world first, Albania has appointed an artificial intelligence system to ministerial rank. Prime Minister Edi Rama announced...
spot_img

Connecting the Adria Region Decision Makers

The Region is more than a publication - it's where the region's elite converge for insights and opportunities