Vaider Group has officially inaugurated its modernised glass production facility, Vaider Srpska Fabrika Stakla (SFS), in Paracin, Serbia, marking a major milestone in the Group’s long-term industrial strategy. The project represents a total investment of approximately EUR 100 million and significantly enhances Vaider’s manufacturing capabilities in Europe.
The inauguration ceremony was attended by the President of the Republic of Serbia, Aleksandar Vucic, who expressed strong institutional support for the project and confirmed that the company can count on continued government assistance.
“This facility once played a central role in the industrial development of the region, and today we are laying the foundations to rebuild it into a strong and competitive industrial asset,” President Vucic noted.
The Paracin plant represents a key addition to Vaider Group’s European production network, complementing its existing operations, including Steklarna Hrastnik in Slovenia. Together, these facilities enable the Group to serve a broader range of market segments-from premium glass solutions to high-volume production.
Igor Lah, Chairman of the Board of Vaider Group, said, “This investment provides a strategically important and highly complementary production site within our Group. By integrating Paracin into our industrial network, we are strengthening our ability to serve both regional and international markets. Our ambition is to become one of Europe’s leading producers of high-quality glass packaging.”
A central element of the investment is a state-of-the-art furnace, valued at approximately EUR 50 million, featuring three production lines and a daily capacity of up to 270 tonnes of glass packaging. The facility is already supplying customers in more than 20 international markets.
Christian Froba, CEO of Vaider Group, emphasised the operational impact: “We have invested in one of the most advanced furnaces in the region, significantly improving our production efficiency, flexibility, and competitiveness. In the glass industry, access to stable and competitively priced energy is critical, and we welcome the strong support from the Serbian government in this regard.”
The project reflects a strong international partnership, bringing together Swiss headquarters, Slovenian industrial expertise and Serbian production capabilities.
With nearly 120 years of industrial tradition in Paracin, the modernised facility is now positioned to become a key production hub for Southeast Europe, supporting both regional demand and exports across the continent.
