# IGB Automotive to open EUR 2M factory in Lazarevac, Serbia

German automotive components supplier IGB Automotive announced a new factory in Lazarevac, Serbia, with an investment of at least EUR 2 million. The plant will initially employ 150 workers, with potential to reach 500.

- Type: New facility
- Announced: 2020-11-21
- Where: Lazarevac, Serbia
- Value: $2.37M (2.00M EUR)
- Jobs: 150
- Status: announced
- Products: heaters for car seats and steering wheels, sensors for seats, electronic components, control devices for cars
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [IGB Automotive](https://endata.com/companies/21671.md)

## Sources

- [serbianmonitor.com](https://www.serbianmonitor.com/en/germanys-igb-automotive-to-open-a-2-mln-eur-factory-in-lazarevac/), 2020-11-23: "The German company IGB Automotive, which has a production plant in Vojvodina’s town of Indjija, has announced the opening of another factory, this time in Lazarevac."

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