Germany’s Continental opens R&D centre in Novi Sad

The German company Continental has opened its Research and Development Development in Novi Sad today, in the presence of the Serbian President Aleksandar Vucic.

At the opening, Vucic said that the centre was a leap ahead for the Serbian economy, and added that the German investment was a high quality one considering that the salaries of the centre’s employees would range from 850 EUR to 2,500 EUR, far above the Serbian average.

The R&D centre will create solutions for vehicle interior and safety control systems,

Continental plans to create 500 jobs in Novi Sad in the coming years, mostly in the software and system engineering jobs.

“Development of electronic solutions for vehicles, smartphone access technology, automated driving or telematics for commercial vehicles are just some of the examples of innovative projects that we will work on here. We are looking for experienced engineers, young graduates and IT students,” said the director of Continental’s Serbian branch, Sasha Cioringa.

Last year, the Serbian government said Continental planned to invest over one million euros ($ 1.2 million) in the project and to hire 100 engineers at the initial stage of the development of the R & D centre, with another 400 to be hired in the next two years.

In March, Continental opened a second plant in Serbia’s northern town of Subotica, which currently employs over 500 workers. Continental has invested 14.5 million EUR in the new factory, while the government has provided 3 million EUR in subsidies.

(Blic, SeeNews, 07.03.2018)

https://www.blic.rs/vesti/ekonomija/vucic-na-otvaranju-kompanije-kontinental-ovo-je-visa-liga-investicija-i-investitora/sdr6l3v

https://seenews.com/news/germanys-continental-opens-rd-centre-in-serbias-novi-sad-604250#sthash.aJ9d6QRk.dpuf

 

This post is also available in: Italiano

Share this post

scroll to top
More in automotive industry, Continental, foreign investments, Germany
Italy’s Verdi Fashion to launch footwear production in Ub

investimenti
Cadez: 29,000 new jobs could be created this year

Close