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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 […]

DYI retailer Dedeman invests in logistics park in Romania

Dedeman group, a significant presence on the Romanian market, has partnered-up with Element Industrial in order to develop a logistics park near Bucharest (Romania). The site of the future ELI PARK 1 logistic and industrial project is located Northwest of Romania’s capital-city of Bucharest, near several public transport routes and approximately 4 km from the […]