# BMTS Technology building turbine factory in Novi Sad, Serbia

BMTS Technology is building a turbine factory at CTPark Novi Sad in Serbia, with CTP Invest investing over EUR 15 million in the facility and land, and EUR 35 million in equipment. The factory will create 500 jobs and is expected to open in April 2020.

- Type: New facility
- Announced: 2019-11-17
- Where: Novi Sad, Serbia, Serbia
- Value: $55.0M (50.0M EUR)
- Jobs: 500
- Starts operating: Apr 2020
- Status: under construction
- Products: turbines
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [BMTS Technology](https://endata.com/companies/35684.md)
- [CTP Invest](https://endata.com/companies/5563.md) (investor)

## Sources

- [ekapija.com](https://www.ekapija.com/en/news/2689604/u-ctparku-novi-sad-gradi-se-fabrika-za-proizvodnju-turbina-otvaranje-na), 2019-11-17: "The new turbine factory that is being built at the business Zone North 4 in Novi Sad will start working in April 2020."

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