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New EBRD loan for Polish battery factory

The European Bank for Reconstruction and Development (EBRD) offered a long-term loan of EUR 250 million, which will support the build of a giga-factory, located in the Western part of Poland, in the city of Wrocław. LG Chem, one of the world’s leading chemical groups, will build the new factory. Workers at the new facility […]

WITTE Automotive expands Bulgarian factory

One of the leading players in locking systems for the automotive industry, WITTE Automotive, went forward with a necessary strategy to increase its production area. WITTE Automotive Bulgaria almost doubled its production area at the country’s factory, in the city of Ruse. |The company announced this achievement at an official ceremony, with Bulgarian politicians, businesspersons, […]

Supply Chain Process Management

Supply Chain is a network of organizations and processes where a number of various enterprises collaborate along the entire value chain to acquire raw materials, to convert these raw materials in finished products and deliver finished goods to the customers. Let’s think about this case: when during the week you go to the mall or […]

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 […]