# Continental to open EUR 140M auto electronics plant in Novi Sad

German automotive parts maker Continental will open a new factory for automotive electronics in Novi Sad, Serbia, in early March 2021. The EUR 140 million investment is expected to create at least 500 jobs.

- Type: New facility
- Announced: 2021-01-13
- Where: Novi Sad, Serbia
- Value: $170.0M (140.0M EUR)
- Jobs: 500
- Starts operating: Mar 2021
- Status: under construction
- Products: automotive electronics
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Continental](https://endata.com/companies/925.md)

## Sources

- [poandpo.com](https://www.poandpo.com/companies/serbia-continental-to-open-novi-sad-plant-in-early-march/), 2021-01-13: "German car parts maker Continental Automotive will open an auto electronics plant in Novi Sad in early March, the government of the Serbian province of Vojvodina announced on Tuesday."
- [ekapija.com](https://www.ekapija.com/en/news/3137774/german-continental-to-open-new-factory-in-novi-sad-in-early-march), 2021-01-13: "In early March, the German company Continental is opening a new factory of automotive electronics in Novi Sad, worth EUR 140 million, where more than 500 workers will be employed."

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