# Continental to invest EUR 150M in Novi Sad plant expansion

Continental plans to invest 150 million euros to expand its plant in Novi Sad, Serbia, creating 1,500 new jobs. The expansion adds to the existing 1,900 employees at the site.

- Type: Expansion
- Announced: 2024-02-13
- Where: Novi Sad, Serbia, Serbia
- Value: $161.3M (150.0M EUR)
- Jobs: 1,500
- Status: announced
- Products: high-tech solutions for vehicle interiors
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

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

## Sources

- [serbianmonitor.com](https://www.serbianmonitor.com/en/germanys-continental-to-invest-eur-150mn-in-its-expansion-in-serbia/), 2024-02-14: "The new investment will create 1,500 new jobs, in addition to the 1,900 workers already employed at the plant."

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