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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Magna opens new seating plant in Aleksinac, Serbia · Endata

◂ Announcements

Oct 20, 2021NEW FACILITYAleksinac, Serbia, Serbia

Magna opens new seating plant in Aleksinac, Serbia

Magna celebrated the grand opening of a new greenfield seating plant in Aleksinac, Serbia. The 8,300-square-meter facility will produce seat trim covers and leather kits for European automakers and is expected to create up to 220 new jobs, with potential workforce of 1,000 by end of 2022.

Jobs

220

Starts operating

20 Oct 2021

Status

Completed

Productsseat trim coversleather kits

CompaniesMagna International

Sectors#Automotive Components

“Making this investment reflects the growth in demand for our seating products and positions us in close proximity to our customer.”magna.com

1 source
magna.comNews Release - Magna Celebrates Grand Opening of New Seating Plant in SerbiaOct 20, 2021

Summarized from public sources; check the original articles before acting on it.

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Magna and LG form LG Magna e-Powertrain joint venture
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Jul 28, 2021PARTNERSHIPIncheon, South Korea, South Korea
LG and Magna sign joint venture agreement for e-powertrain
Magna International partner LG Electronics partner magna.com
Jul 23, 2021ACQUISITIONUnited States$3.80B
Magna to acquire Veoneer for $3.8B
Magna International acquirer Veoneer target veoneer.com
Jul 6, 2021NEW FACILITYnear Struga, North Macedonia, North Macedoniaops 2021
Magna to open wing mirror factory in North Macedonia
Magna International autotechinsight.spglobal.com
Jun 22, 2021PARTNERSHIP
Magna and LG to launch EV powertrain joint venture in July 2021
Magna International partner LG Electronics partner autotechinsight.spglobal.com

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