# Tristone Flowtech plans €30M automotive hose factory in Paracin, Serbia

Tristone Flowtech is planning to build a new production facility in Paracin, Serbia, with a €30 million investment. The facility will create 1,000 jobs over three phases, with construction set to begin in early 2023 and operations scheduled for end of 2023.

- Type: New facility
- Announced: 2022-12-08
- Where: Paracin, Serbia, Serbia
- Value: $32.0M (30.0M EUR)
- Jobs: 1,000
- Starts operating: 2023
- Status: announced
- Products: automotive fluid systems, hoses
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Tristone Flowtech Group](https://endata.com/companies/919.md)

## Sources

- [european-rubber-journal.com](https://www.european-rubber-journal.com/article/2092524/tristone-eyes-serbia-for-30m-rubber-hose-factory), 2022-12-08: "The €30-million facility, it stated, will create 1,000 jobs over three phases."

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