# Continental to build new factory in Novi Sad, Serbia

Continental announced a new factory in Novi Sad, Serbia, to open in September 2023. EUR 140 million has been invested in two factories, and employment is expected to triple from 1,000 to 3,000.

- Type: New facility
- Announced: 2022-07-27
- Where: Novi Sad, Serbia
- Value: $142.8M (140.0M EUR)
- Jobs: 2,000
- Starts operating: Sep 2023
- Status: announced
- Products: instrument clusters, instrument panels
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Continental](https://endata.com/companies/925.md)

## Sources

- [ekapija.com](https://www.ekapija.com/en/news/3785797/continental-entwickelt-neue-technologische-loesungen-in-novi-sad-neue-fabrik-im-naechsten), 2022-07-27: "Next year, Novi Sad will get a new Continental factory, the company announced at the celebration of five years of its operations in Serbia."
- [ekapija.com](https://www.ekapija.com/en/news/3785797/continental-nova-tehnoloska-resenja-razvija-u-novom-sadu-nova-fabrika-dogodine), 2022-07-27: "Next year, Novi Sad will get a new Continental factory, the company announced at the celebration of five years of its operations in Serbia."

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