We have signed a Cooperation Agreement with the municipality of Drahelčice.
Following the Memorandum of Cooperation from 2019, this week we have signed a Cooperation Agreement with the municipality of Drahelčice for the construction of a new STC production plant.
A condition of the project is the completion of the municipal infrastructure in the direction of the land on which the new production plant will be located. We have already prepared the project documentation for this project and we expect to commence construction during the first half of next year. During the next year we will also be preparing a technological and architectural study that will determine the basic parameters of future operation and buildings on the new site.
We believe that the new production plant will be a significant benefit for us and for the municipality of Drahelčice. We can't wait to get the printing presses up and running in the new location.