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BELGRADE (Serbia), September 18 (SeeNews) – Turkish car parts maker Feka Automotive has started the construction of a 15 million euro ($16.6 million) factory in Cuprija, in central Serbia, the Cuprija city government said.
Feka Automotive plans to hire 110 workers during the first phase of the development of the factory, and to increase their number to 550 in the future, the Cuprija city government said in a statement on Tuesday.
"They have laid the pillars and the expectation is that they will finish this job very soon. The owners plan to have the factory built by the end of this year, or maybe early next one," Cuprija city mayor Ninoslav Eric has said.
The factory will be located in the Minel industrial zone in Cuprija on a land plot of 7,637 square metres, the Cuprija city government said.
Feka Automotive is a family company that has been producing parts and components for the automotive industry for the last 30 years, primarily light signals, vehicle interior lights, mirrors and water tanks.