# Continental opens €140M automotive plant in Kać, Serbia

Continental officially opened a new automotive manufacturing facility in Kać, Serbia, representing a €140 million investment and creating over 500 jobs. The plant will produce advanced electronic vehicle management systems.

- Type: New facility
- Announced: 2023-02-23
- Where: Kać, near Novi Sad, Serbia
- Value: $149.0M (140.0M EUR)
- Jobs: 501
- Starts operating: 23 Feb 2023
- Status: completed
- Capacity: 30,000 square metres
- Products: electronic vehicle management systems, Pillar-to-Pillar Displays
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

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

## Sources

- [ras.gov.rs](https://ras.gov.rs/en/continental-opens-mega-factory-in-kac), 2023-02-23: "The value of the investment is 140 million euros, creating more than 500 new jobs and opportunities for decades to come."
- [ras.gov.rs](https://www.ras.gov.rs/continental-opens-mega-factory-in-kac), 2023-02-23: "The value of the investment is 140 million euros, creating more than 500 new jobs and opportunities for decades to come."
- [telegraf.rs](https://www.telegraf.rs/english/3635280-continental-opens-second-novi-sad-plant), 2023-02-23: "Continental plans to invest an additional 150 million euros and create another 1,500 jobs."
- [balkanengineer.com](https://balkanengineer.com/news/german-automotive-giant-continental-opened-factory-novi-sad), 2023-03-07: "Continental Automotive Serbia, a subsidiary of the German automotive giant Continental AG, has opened a factory for automotive electronic devices near Novi Sad, in which 140 million euros have been invested."

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