January 25 (SeeNews) - An unnamed Japanese company active in the automotive sector plans to break ground for a factory in Serbia’s central municipality of Indjija by the end of February, the head of the municipal government, Vladimir Gak, said.
A total of 200 workers will be employed at the factory, Gak said, as seen in a video published by local broadcaster Sremska Televizija earlier this week. The investment has been declared a project of national importance by Serbia’s government, according to Sremska Televizija.
You can download the 2024 Automotive industry in Southeast Europe report here
Last August, local news portal Vojvodina Uzivo quoted Gak as saying that negotiations with an unnamed Japanese investor were in progress in Indjija, with the planned investment worth 40 million euro ($43.6 million).
The Indjija local government has not responded to a SeeNews e-mail seeking further information by the time this article was published.
($ = 0.9179 euro)