Xingyu Automotive Systems to build €50M factory in Nis, Serbia

Xingyu Automotive Systems plans to invest €50 million in a new factory in Nis, Serbia, creating 1,000 jobs. Construction is scheduled to start in Q1 2020.

“The Chinese company will invest €50m in the project, adding 1,000 jobs to the local labor market.”archive.cij.world

• 2 sources
• archive.cij.worldXingyu Automotive Systems to build €50m factory in Nis |Nov 27, 2019
• serbianmonitor.comChinese company to open a 50-mln-euro factory in Niš – 1,000 new jobsSnezana RakicNov 28, 2019

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