# Brose to build €120M production and development site in Pančevo, Serbia

Brose will open a location for development and production in Pančevo, Serbia, in summer 2021, with an investment of €120 million. The facility will create up to 1,100 jobs and produce electronics and drives for cooling fan modules.

- Type: New facility
- Announced: 2020-10-01
- Where: Pančevo, Serbia
- Value: $140.0M (120.0M EUR)
- Jobs: 1,100
- Starts operating: Aug 2021
- Status: under construction
- Products: electronics, drives for cooling fan modules
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Brose](https://endata.com/companies/379.md)

## Sources

- [cordmagazine.com](https://cordmagazine.com/business/brose-up-to-1100-jobs-will-be-created/), 2020-10-01: "The supplier wants to create up to 1,100 jobs in development, sales, purchasing and production."

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