# Wacker Neuson breaks ground on €23M steel components plant in Serbia

Wacker Neuson Group held a groundbreaking ceremony for a new production facility for steel components in Kragujevac, Serbia. The first construction phase involves an investment of around €23 million, with the plant scheduled to go on stream in October 2022.

- Type: New facility
- Announced: 2022-02-28
- Where: Kragujevac, Serbia
- Value: $26.0M (23.0M EUR)
- Jobs: 200
- Starts operating: Oct 2022
- Status: under construction
- Capacity: 20,000 m² footprint, expandable by 30,000 m²
- Products: steel components for construction equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Wacker Neuson SE](https://endata.com/companies/6036.md)

## Sources

- [eqs-news.com](https://www.eqs-news.com/news/category/groundbreaking-ceremony-for-new-production-facility-in-kragujevac-serbia/155a9579-380c-4b8f-b65c-ca7af0da5a36_en), 2022-02-28: "The Wacker Neuson Group is building a new production facility for steel components at its Kragujevac location in Serbia to drive the Group's growth plans and make its internal supply chain more resilient."
- [wackerneusongroup.com](https://wackerneusongroup.com/en/wacker-neuson-group/presse-und-news/news-display-en/spatenstich-fuer-den-neubau-eines-produktionswerks-in-kragujevac), 2022-02-28: "As an important supplier of steel components, our Kragujevac location has been part of the Wacker Neuson Group's success story for many years now."
- [ras.gov.rs](https://ras.gov.rs/en/wacker-neuson-breaks-ground-for-new-factory-in-kragujevac), 2022-03-01: "The investment is €26 million worth and will provide 200 new jobs."
- [constructionequipment.com](https://www.constructionequipment.com/home/news/10759655/wacker-neuson-expands-in-serbia), 2022-03-07: "With this new manufacturing facility, we will not only be able to respond more efficiently to the requirements of the global market, but also create new jobs while leveraging state-of-the-art production and automation technologies."

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