Serbia: Slovenia's chemical group Jub, which celebrates its 140th anniversary in 2015, is expanding its production abroad with the launch of a new styrofoam thermal insulation plant in Šimanovci near Belgrade on 10 September 2015.
The new plant cost Euro5.6m, while the total investments made by Jub in Serbia, where it has been present since 2004, have been estimated at Euro27m. The group includes 12 companies that operate on more than 12 markets worldwide. It expanded its product range to insulation materials in 2012.
