# Miba to invest EUR 100M in China over four years, opening two new plants

Austrian technology group Miba plans to invest around EUR 100 million in China over the next four years. Two new plants are being built in Suzhou near Shanghai and Qingxi near Shenzhen.

- Type: Investment
- Announced: 2018-04-11
- Where: Suzhou, Qingxi, China
- Value: $123.0M (100.0M EUR)
- Status: announced
- Products: high-power resistors, electric vehicle components
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Miba AG](https://endata.com/companies/1421.md)

## Sources

- [miba.com](https://www.miba.com/en/news/article/miba-to-build-two-new-plants-near-shanghai-and-shenzhen), 2018-04-11: "Over the next four years, the Group aims to invest a total of around EUR 100 million in China."

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