An investment of EUR 140 million: Continental opened a new factory in Serbia
BizLife 08.03.2021 | Beta, BIZLife
As it was said at the opening, the value of an investment is EUR 140 million, and more than 500 people will be employed in the factory.
Representatives of the Continental said that demand for products of the automotive industry, which will be produced in Novi Sad, will “increase significantly”. The factory will produce state of the art electronic parts for the automotive industry, which will bear the label – made in Serbia. This new factory is part of the Continental Human Machine Interface (HMI) business unit. Continental has had a Centre for Research and Development in Novi Sad for three years,
