# 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.

- Type: New facility
- Announced: 2022-02-09
- Where: Sabac, Northwestern Industrial Zone, Serbia
- Value: $17.0M (15.0M EUR)
- Status: announced
- Products: automotive components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Minth Group](https://endata.com/companies/44714.md)

## Sources

- [marklines.com](https://www.marklines.com/en/news/264998), 2022-02-09: "EUR 15 million will be invested in the purchase of land and the construction of a new factory."

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