# PWO secures €15M EIB loan for Serbia factory machinery

PWO Group has secured a €15 million loan from the European Investment Bank to finance machinery at its recently opened manufacturing facility in Čačak, Serbia. The investment is expected to create 550 jobs by 2033.

- Type: Investment
- Announced: 2026-09-23
- Where: Čačak, Serbia, Serbia
- Value: $16.8M (15.0M EUR)
- Jobs: 550
- Starts operating: 2025
- Status: under construction
- Products: lightweight metal components, automotive systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [PWO Group](https://endata.com/companies/73036.md)
- [European Investment Bank](https://endata.com/companies/10295.md) (investor)

## Sources

- [industrialnews.co.uk](https://industrialnews.co.uk/pwo-secures-e15m-eib-loan-for-serbia-machinery/), 2026-09-23: "PWO has secured fresh EIB funding for Serbian factory machinery."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.