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Turkish automotive company to build a factory in South Serbia
A Turkish company which produces rubber parts for Mercedes-Benz has visited 13 towns in Serbia, with the town of Leskovac piquing their interest – said the Mayor of Leskovac, Goran Cvetanovic. Earlier, Cvetanovic confirmed that he was about to meet with a Turkish company that is interested in building a new factory in Vranje, Bojnik […]
The largest feed company in the Western Balkans to arrive in Sid
The Municipality of Šid has signed an agreement for alienation of publicly owned building land to be given to the Hungarian company UBM FEED, the largest animal feed company in the Western Balkans. Mayor of Šid, Zoran Semenović, is very satisfied with the new investment, and the new factory will be located in the industrial […]
Swiss textile company Albiro building a logistics centre in Užice
The Swiss textile company Albiro, which has recently acquired the Kadinjača textile factory in Užice, plans to establish a logistics centre in Užice that would cover the entire region, the company’s owner, Benedikt Schweighart, has said. “The company’s short-term goals are to stabilize the production, to expand our client base and launch new products. Our […]
Japan’s Nidec chooses Novi Sad to invest over two other European cities
The Japanese company Nidec, a producer of electric motors, has already opened a company in Serbia, as unofficially confirmed for B92.net. The arrival of this automotive giant has been announced in Novi Sad, and the company is allegedly to invest around USD 1.9 billion in the construction of the factory. As unofficially confirmed for B92.net, […]
Germany’s MTU to start building its factory in Serbia this year
Leading German aircraft engine manufacturer, MTU Aero Engines, will begin construction of its new repair facility at an industrial park near Belgrade’s Nikola Tesla Airport this year, with the opening scheduled for 2023, the EX-YU Aviation News portal reports. “This industrial park definitely has growth potential. It could well attract our suppliers and partners,” Rainer Becker, Project […]
30% of Austrian companies in Serbia would invest again
A department for foreign trade promotion of the Austrian Chamber of Commerce, Advantage Austria Beograd said that, despite 40% of the surveyed companies that operate in Serbia have had their revenue reduced (during the pandemic), 30% planned to invest even more in the next 12 months.“The great majority of companies have kept the same number […]
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