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Japanese tire company sets eyes on Serbia

Officials from the Toyo Tire Corporation, a Japanese business, announced they will establish a subsidiary in the Republic of Serbia, in order to build a new tire manufacturing plant. The site chosen for the new factory is the town of Inđija, located halfway between the capital-city of Belgrade and the city of Novi Sad, near […]

thyssenkrupp invests in a new damper plant in Romania

thyssenkrupp AG, a German multinational conglomerate with focus on industrial engineering and steel production, opened a new plant for automotive components in the Romanian city of Sibiu. The plant will produce dampers for the company’s customers, with important names such as Daimler, Jaguar Land Rover and Porsche included. Total build costs for the new building […]

ZF is opening a new factory for electric drives in Serbia

ZF Friedrichshafen AG  expanded its E-Mobility division with a new factory in Serbia, designed to produce electric drives. Located 14 km North-East of  Belgrade, the factory will manufacture electric motors, generators for hybrid and electric drives, transmission selectors and microswitches. The site is already being prepped for the estimated increased demand for these parts. In […]

Slovenia’s Impol opens new production line for automotive in Croatia

Slovenia’s largest manufacturer of aluminium products recently opened a new production line in Croatia, destined to make parts for the automotive market. The company launched a new car industry production line in its subsidiary – TLM, with the investment amounting to 6.5 million EUR. This new investment allows Impol to expand its cold rolling mill […]

MAHLE has a new Prague warehouse

MAHLE recently extended its operations, thanks to the opening of a new 28-bay warehouse, located in Prague (Czech Republic). As an automotive parts manufacturer, based in Germany, MAHLE GmbH can use the new Prague warehouse to store various parts used for the automotive industry. Panalpina, a provider of forwarding and logistics services, held the opening ceremony for […]