PrimePoint Partners and STAX Technologies sign an agreement for developing the STAX Academy in Serbia – Promoting access to skills and employment in machine manufacturing for Serbian youth

The team of PrimePoint Partners is starting the implementation of a new advisory project which includes the development of an Academy for advanced technical and vocational skills in Cacak, Serbia under the auspices of STAX Technologies. STAX is a company of the American Barry-Wehmiller Group, a worldwide leading supplier of production technologies for packaging and paper processing. The training center will offer upskilling and reskilling programs for the employees of STAX Technologies and for the people from the entire region who are looking at acquiring technologically-advanced skills in the areas of machine production, industrial mechanics, industrial electronics, and automation.

“Quick adaptation to continuous changes has become crucial in business operations today and swiftness in adapting to the quickly changing market trends and high level of creativity and innovation is what differentiates STAX Technologies from any other manufacturer. The anticipated production expansion will require a significant increase in the company’s workforce from the existing 384 employees to 700  by 2029, which is why the establishment of the STAX Academy is one of our top priorities. Through these skills upshift programs, we envision delivering vocational training opportunities to young women and men, that will aid with the existing skills shortages we face and respond to our long-term business needs and the market demand. “- stated Mladen Mojsilović, Head of the HR Department at STAX Technologies at the project kick-off meeting.

“We are truly excited to work on developing this skills center in Serbia and to provide strategic advisory for workforce development to the executive team at STAX. We will provide practical guidance for structuring upskilling and reskilling programs for the existing workforce, for assisting the onboarding process of new hires and for skills upshift of high-school and university graduates to foster the transition to inclusive market-oriented economies. Our team will define the training modules, establish the content and the dynamics of the lectures, develop learning materials, implement a “Train the Trainers” program, supervise the inaugural training delivery, and produce M&E reports. We will facilitate the outreach program and the roll-out activities that will assist in the enrolment process and ensure program success. “- added Biljana Markovic Stamenova, CEO of the regional management consulting company PrimePoint Partners.

The programs at STAX Academy will train young women and men with the skills in most demand through theoretical study, simulated work experience, and practical, work-based learning. The training will be accredited according to Serbia’s national qualifications framework and will particularly target women and disadvantaged young people who either lack the appropriate skills to begin their careers or come from disadvantaged backgrounds.

The project is co-financed by the European Bank for Reconstruction and Development and its Gender and Economic Inclusion Technical Assistance Framework – Skills and Employment.

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