Nine reinvestment contracts: Value eur 320 million and jobs for 2,500 people
BizLife 05.08.2022 | Beta
The Ministry of Economy has announced that by mid-August, nine contracts on reinvestment, i.e. the implementation of new investment projects, worth 320 million euros, will be signed, which will provide 2,500 new jobs.
As specified, this is an extension of the production program of electronic equipment for motor vehicles at the existing location in Pancevo, as well as the service centre in Novi Sad of the company ZF Pancevo. ZF Serbia is investing in Serbia for the fourth time, and the plan is to create 589 new jobs and invest 238 million euros by the end of 2027 in Pancevo, while the investment project in Novi Sad will employ 370 workers and invest more than 6.7 million euros by
