Vučić to attend groundbreaking ceremony for the new PWO factory in Čačak

The President of Serbia, Aleksandar Vučić, will attend the groundbreaking ceremony marking the construction of the new factory of the PWO Group in Čačak today, at 11 am.

Apart from Serbia, the group, which was established over 100 years ago, operates in the metal industry sector and owns factories in Germany and the Czech Republic. The company’s main export markets are mainly the EU countries, China and Mexico.

In 2022, the group generated consolidated revenue of 27 million euros and employed almost 3,000 workers.

As stated on the company’s website, PWO SEE d.o.o., the Serbian branch of the PWO Group, will invest 88 million euros and hire around 550 new workers in its production plants in Kragujevac and Čačak where it will develop and produce parts, tools, assemblies and components for the automotive industry.

(RTV, 28.05.2024)

This post is also available in: Italiano

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