# United Alloy-Tech Europe to invest EUR 300 million in Sabac, Serbia

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.

- Type: Investment
- Announced: 2023-02-14
- Where: Sabac, Serbia
- Value: $320.3M (300.0M EUR)
- Jobs: 1,500
- Status: announced
- Products: structural body parts, trims, decorative parts for passenger vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [United Alloy-Tech Europe](https://endata.com/companies/68570.md)
- [Minth Group](https://endata.com/companies/44714.md) (partner)

## Sources

- [serbia-business.eu](https://serbia-business.eu/serbia-chinese-united-alloy-tech-europe-will-invest-300-million-euros/), 2023-02-14: "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."

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