15 July 2019 - The owner of Uniprom KAP Veselin Pejović and Prime Minister Duško Marković put into operation a new silumin factory, noting that every new product in Montenegro is a step forward to a new workplace, and each new workplace strengthens and increases the quality of life for citizens.
"When we were visiting the entire complex in late March, we saw that a new modern industrial centre is practically developing here. Unfortunately, we had to keep in mind that the rise of the new Aluminium Plant (KAP) was followed by, I would say, a hysterical wish for this project to fail. But the new factory that will make products that can go directly to the halls of the automobile or avian giants, defies the skeptics and opponents of modern development. Every new product in Montenegro is a step towards a new workplace, and every new workplace is strength and an increase in quality on the path to the European quality of life of our citizens," the Prime Minister underlined.
The Prime Minister said that this investment and everything that has been done so far, including new development programmes, deserves respect and unquestionable institutional support.
"But for me, the resistance of Mr Pejović and his team to destruction, propaganda and defamation to withstand the rise of the KAP with domestic brains, energy and determination are equally important and worthy of respect. That is why we need more of these practices in order to quickly develop our economy, of course with the help of the Government's determination and planning," said Prime Minister Duško Marković at the opening the new silumin factory.
The project of the new factory for the production of aluminum alloys in the form of small ingots is worth more than 10 million EUR and involves the opening of dozens of new jobs.
The Prime Minister said that Montenegro should be encouraged by the fact that after decades of lagging, it changed the direction of the country’s industry and took the step forward with industrial production to the extent of the economy's needs.
"The modern way from natural resource to finalised product is long and it is not rational to cultivate ambition that it can be rounded up in national frameworks. Even much more powerful economy than ours cannot do it. But it is the duty of all of us, at least in certain areas such as the aluminium industry, to do as much as we can on our own. From today on, with a new factory within the Uniprom KAP, we can take a step further," Prime Minister Duško Marković concluded.
In April 2019, marking the start of construction works on the factory of aluminum billets/logs within the Uniprom KAP , Minister of Economy of Montenegro Dragica Sekulić said that continuation of aluminium production is of great importance for the overall economic development of Montenegro, and through announced investments "Uniprom" will continue to strengthen its position on the aluminium market, which will greatly contribute to strengthening the Montenegrin economy. Within the same timeframe, Veselin Pejović said that in addition to the already installed silumin factory, which will produce 30,000 tons of special alloys of an outstanding foreign market value of 75 million USD, the company is starting to implement the next project, which includes the construction of a new factory of aluminium billets/logs.
