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Serbia hopes to resume talks on hosting VW plant - report

Author Radomir Ralev
Serbia hopes to resume talks on hosting VW plant - report License: Creative Commons CC0

BELGRADE (Serbia), October 16 (SeeNews) - Serbia hopes to relaunch the talks for the construction of a Volkswagen factory after the German group postponed the final decision whether to build the facility in Turkey, Serbian media reported.

Serbia may be in the spotlight of Volkswagen again if the company decides not to build its factory in Turkey, as the Serbian offer was ranked very high by the consultants and the management of the German group, Tanjug news agency quoted the director of the country's development agency, Rados Gazdic, as saying on Tuesday.

"Serbia was ranked exceptionally high, together with Turkey and Bulgaria. Compared to Bulgaria, we have a much better structure of workers with technical knowledge," Gazdic said.

On Tuesday, Volkswagen postponed the final decision whether to build a car plant in Turkey amid international criticism of the country’s military operation in Syria. Earlier this month, Volkswagen incorporated a subsidiary in Turkey but said that it was still in the final stages of negotiation.

In November 2018, Volkswagen chief Herbert Diess said the company was looking for a location for a 1.4 billion euro ($1.5 billion) multi-brand factory in eastern Europe which is expected to start production after 2022.

($ = 0.904994 euro)