# Kyungshin Cables to build €24M auto parts plant in Serbia

South Korean Kyungshin Cables will start building a factory for automotive electronic components in Smederevska Palanka, Serbia, investing €24 million.

- Type: New facility
- Announced: 2020-05-12
- Where: Smederevska Palanka, Serbia
- Value: $26.0M (24.0M EUR)
- Status: announced
- Products: electronic components for automotive industry
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Kyungshin Cables](https://endata.com/companies/47164.md)

## Sources

- [archive.cij.world](https://archive.cij.world/kyungshin-cables-investing-e24m-in-serbian-plant/), 2020-05-12: "The company will be investing €24m in the plant, which is to be built in an industrial zone in the town."

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