The factory will employ 130 workers in the initial phase, with the number to rise to 350 at a later stage, media outlet eKapija quoted factory CEO, Denis Nikitin, as saying.
Schott Pharma broke ground for the factory in Jagodina in December. The size of the investment was undisclosed.
Schott Pharma, which debuted on the Frankfurt Stock Exchange in September, is a unit of Schott AG.