# 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.

- Type: New facility
- Announced: 2019-11-27
- Where: Nis, Serbia, Serbia
- Value: $55.0M (50.0M EUR)
- Jobs: 1,000
- Starts operating: Q1 2020
- Status: announced
- Products: LED lighting for automotive
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Xingyu Automotive Systems](https://endata.com/companies/43550.md)

## Sources

- [archive.cij.world](https://archive.cij.world/xingyu-automotive-systems-to-build-e50m-factory-in-nis/), 2019-11-27: "The Chinese company will invest €50m in the project, adding 1,000 jobs to the local labor market."
- [serbianmonitor.com](https://www.serbianmonitor.com/en/chinese-company-to-open-a-50-mln-euro-factory-in-nis-1000-new-jobs/), 2019-11-28: "The Chinese company Xingyu will build its production plant in the southern Serbian town of Niš, in its Industrial Zone West."

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