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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Novares expands factory in Zrenjanin, Serbia · Endata

◂ Announcements

Jun 14, 2018EXPANSIONZrenjanin Free Zone, Serbia

Novares expands factory in Zrenjanin, Serbia

French automotive components group Novares is expanding its factory in the Zrenjanin Free Zone, Serbia, with a EUR 6 million investment. It will build a new 3,200-square-metre production facility and invest in equipment, creating 25 initial jobs with a target of 280 workers by 2020.

Value

$7.00M (6.00M EUR)

Jobs

25

Starts operating

2019

Status

Announced

Capacity

3,200 square metres

Productsautomotive components

CompaniesNovares

Sectors#Automotive Components

“As soon as next year, Novares will realize an investment of over EUR 6 million.”serbianmonitor.com

1 source
serbianmonitor.comFrance’s Novares expands its factory in ZrenjaninSerbian MonitorSnezana RakicJun 14, 2018

Summarized from public sources; check the original articles before acting on it.

More from Novares

Apr 23, 2019ACQUISITION
Novares Venture Capital acquires minority stake in Quad Industries
Novares acquirer Quad Industries target just-auto.com
Feb 12, 2019ACQUISITIONWisconsin, Tennessee, Mexico, United States1,600 jobs
Novares acquires MPC to expand North American reach
Novares acquirer Miniature Precision Components target plasticsnews.com just-auto.com automotivepowertraintechnologyinternational.com
Jan 30, 2019ACQUISITIONWuhan, China, China
Novares acquires full ownership of Wuhan JV and relocates plant
Novares acquirer Yazhong target novaresteam.com autotechinsight.spglobal.com
Nov 19, 2018ACQUISITIONSwitzerland
Novares completes acquisition of 20% stake in APAG Holding
Novares acquirer APAG Holding target autotechinsight.ihsmarkit.com
Oct 16, 2018EXPANSIONZrenjanin, Vojvodina, Serbia$6.05M50 jobsops 16 Oct 2018
Novares opens 3,000 m² extension at Zrenjanin plant in Serbia
Novares cordmagazine.com just-auto.com
Sep 20, 2018NEW FACILITYKenitra, Morocco, Morocco225 jobsops 20 Sep 2018
Novares opens new production plant in Kenitra, Morocco
Novares en.yabiladi.com

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