Higson International Plans to Make Iguana Sportswear in Serbia

Higson International Ltd., a Hong Kong-based clothing maker, will invest 4 million euros ($5.1 million) in southern Serbia, moving at least 10 percent of its current production capacities in Asia.

The producer of the Iguana brand “was the first company that moved to Asia and we want to be the first to move our facilities to southeast Europe,” Chief Executive Officer Franz Koller told reporters in Belgrade.