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Swiss company Etampa opens a factory in Krusevac – clients include Ferrari, Porsche, Bugatti

Swiss stamping and fineblanking company Etampa officially opened a factory in Krusevac, in eastern Serbia, the Krusevac city government said. The factory will have an annual production capacity of 280 million parts for the automotive electronics (Ferrari, Porsche, Bugatti), construction and medical technology industries, the city government said in a press release on Tuesday. The […]

China’s Haitian to open a 250,000sqm production complex in Ruma

The Chinese company Haitian Machinery will build a factory complex for the production of industrial injection machines and cutting and casting machines in Ruma, Vojvodina. The complex will span 250,000 m2, and the production of a total of 250 machines a year is planned, as shown in the project’s draft, prepared by the Belgrade-based company Masinoprojekt […]

How much do foreign investments affect Serbian economy?

In 2022, foreign investments amounted to over 4 billion euros, but this sum makes up only five percent of Serbia’s gross domestic product, while every fourth Serbian employee works for a foreign company. Most investments in Serbia come from the European Union, the National Bank of Serbia’s data show. Among foreign-owned companies that opened in […]

Russia’s Siberian Wellness takes over Serbian cosmetics producer Dahlia

The Russian company Siberian Wellness, which produces health, sports and beauty products based on wild Siberian plants, has become the new owner of the Dahlia Company, which produces the Becollino and Hera brands and the legendary Brion shaving lotions and skin care products. The agreement worth EUR 15 million includes the value of the land, […]

Vučić to attend inauguration of Toyo Tires’ new factory in Inđija

Serbian President Aleksandar Vučić will attend today the inauguration of the tire factory of the Japanese company Toyo Tires in Inđija. The Japanese company said earlier said that Toyo Tires and Nitto brands will be produced at the Inđija factory. The opening ceremony will also be attended by the CEO of Toyo Tires Corporation, Takashi […]

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