Minth Automotive Europe begins construction of EUR 100M factory in Loznica, Serbia

Minth Automotive Europe started construction of a factory in Loznica, Serbia, on April 2, 2019. The investment is valued at EUR 100 million and is expected to employ 1,000 people, producing aluminum automotive components.

“The investment, valued at 100 million euros, will be implemented in two phases, with plans to employ 1,000 people.”ras.gov.rs

• 2 sources
• ras.gov.rsConstruction of the “Minth” factory begins in Loznica | RasApr 4, 2019
• emerging-europe.comMINTH to build factory in Serbia - Emerging EuropeDominik IstrateApr 4, 2019

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