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Minth Group to invest EUR 15M in new factory in Sabac, Serbia · Endata

◂ Announcements

Feb 9, 2022NEW FACILITYSabac, Northwestern Industrial Zone, Serbia

Minth Group to invest EUR 15M in new factory in Sabac, Serbia

Minth Group signed an agreement with Sabac City to purchase 10 hectares of land in the Northwestern Industrial Zone to open a new factory. EUR 15 million will be invested in land and construction, with a total expected investment of EUR 46 million over 10 years.

Value

$17.0M (15.0M EUR)

Status

Announced

Productsautomotive components

CompaniesMinth Group

Sectors#Automotive Components

“EUR 15 million will be invested in the purchase of land and the construction of a new factory.”marklines.com

1 source
marklines.comMinth Group, China announces additional investment in Sabac, Serbia - MarkLines Automotive Industry PortalFeb 9, 2022

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

More from Minth Group

Feb 14, 2023INVESTMENTSabac, Serbia$320.3M1,500 jobs
United Alloy-Tech Europe to invest EUR 300 million in Sabac, Serbia
United Alloy-Tech Europe Minth Group partner serbia-business.eu
Feb 14, 2023EXPANSIONŠabac, Northwestern Industrial Zone, Serbia161 jobs
Minth Group plans to hire 161 workers at Serbia plant
Minth Group Minth United Alloy-Teck Europe marklines.com
Sep 7, 2022PARTNERSHIPAnhui, China
Minth Group and Magna to form joint venture in Anhui, China
Magna International partner Minth Group partner beta.zhitongcaijing.com
May 20, 2022NEW FACILITYJiaxing, Chinaops 20 May 2022
Hella Minth JV opens second production plant in Jiaxing, China
Hella Group partner Minth Group partner tyrepress.com
May 6, 2022NEW FACILITYJiaxing, China, China$52.5M230 jobsops 2021
Hella Minth JV opens second plant in Jiaxing, China
Hella Minth Jiaxing Automotive Parts Co. Ltd Hella Group partner just-auto.com yolegroup.com
Mar 10, 2022NEW FACILITYLoznica, Serbia$110.3M1,000 jobsops 11 Mar 2022
Minth Group opens EUR 100M aluminium parts plant in Serbia
Minth Group just-auto.com praticcnc.com

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