November 22 (SeeNews) - German exhaust systems manufacturer Boysen opened a factory in Subotica, northern Serbia, the government of the autonomous province of Vojvodina said.
Boysen will create 500 jobs at the factory by 2024, the Vojvodina province government said in a statement on Friday.
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In 2019, the Subotica city government said Boysen plans to invest 65 million euro ($73.3 million) in the construction of a factory in Subotica's Mali Bajmok Industrial Zone.
The factory will produce complete exhaust systems for commercial vehicles and cars for Audi, BMW and Mercedes-Benz, according to data from the corporate website of Boysen.
($ = 0.8868 euro)