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Brose held a groundbreaking ceremony on March 6, 2020 for its first Serbian plant in Pancevo, which will make electric motors and electronics for cooling fan modules. The company approved EUR 120 million of investment and plans up to 1,100 new jobs, with mass production targeted by summer 2021.
“The company's Managing Board has already approved € 120 million-worth of investments in the new Brose factory complex.”diplomacyandcommerce.rs
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