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SMP Automotive, part of Samvardhana Motherson Automotive Systems Group, plans to invest €39 million to build a production facility for car seat components in Ćuprija, Serbia, creating 445 jobs.
“SMP will also be given 204,176-square-metres of building land free of charge from the Serbian government, the total value of which is estimated at 122.5 million dinars.”serbianmonitor.com
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