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Chinese car part manufacturer United Alloy-Tech Europe will invest 300 million euros to build a fourth factory in Sabac, Serbia, creating 1,500 jobs. Construction is planned to start by the end of 2023.
“Chinese car part manufacturer United Alloy-Tech Europe (UATE) will invest 300 million euro ($320.3 million) in expanding its Serbian production footprint in the western city of Sabac by building a factory, its fourth in the city, the city mayor said.”serbia-business.eu
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