# ZF opens electric drive plant in Pančevo, Serbia

ZF officially opened a new factory in Pančevo, Serbia, producing electric motors and components for hybrid and electric drives. The company plans to invest a total of EUR 160 million by 2021, with the plant expanding from 25,000 to 60,000 square meters.

- Type: New facility
- Announced: 2019-06-12
- Where: Pančevo, Serbia, Serbia
- Value: $180.0M (160.0M EUR)
- Starts operating: 12 Jun 2019
- Status: completed
- Capacity: 60,000 square meters
- Products: electric motors, electric machines, generators for hybrid and electric drives
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [ZF Friedrichshafen](https://endata.com/companies/4104.md)

## Sources

- [cordmagazine.com](https://cordmagazine.com/business/business-news/germanys-zf-opens-factory-in-pancevo/), 2019-06-12: "The fact that all involved here in just a year of building a factory is an extremely important and dignified award."

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