International corporations Yanfeng, Wacker Neuson and IME Autolift will open three factories in Kragujevac this year, which will create 800 new jobs, the Chamber of Commerce and Industry of Serbia (CCIS) told Tanjug.
“These companies have been operating successfully in Kragujevac for years now, and they are opening new facilities due to the expansion of production capacities and the good investment climate,” said the industry coordinator at the Regional Chamber of Commerce for Sumadija and Pomoravlje Districts, Sasa Curcic.
Curcic added that, since 2018, one of the largest private industrial zones in Serbia, MIND Park, spanning around 150 hectares, had been opened close to Kragujevac.
In this location, Curcic notes, IME Autolift, the producer and rail vehicle equipment service provider, owned by the Austrian company Autolift, opened a 2,300-square-metre production plant.
Curcic went on to say that one of the world’s largest automotive parts producers, Yanfeng, was also increasing its production capacities.
In addition to the already built facility, which spans 24,500 square metres, where car interiors are produced, the company will build another 30,000-square-metre-factory in the upcoming months, where they will produce metal components for the automotive industry.
Curcic specified that the construction of those facilities was in the final stage and that the production was expected to start in early June.
“The new production capacities will employ 600 workers. The fact that, for that purpose, CT Park bought 6.1 hectares of land at the Phoenix Industrial Zone in Kragujevac last year speaks to the seriousness of their intentions,” Curcic said.
He also said that Wacker Neuson, a company which produces welded structures and builds machine bodies, had announced that it would start building new production facilities here, in May.
The production manager at this company, Branko Ilic, announced the construction of the 22,000-square-metre facility and 200 new jobs.
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