# PWO Group breaks ground on €89M plant in Čačak, Serbia

PWO Group celebrated the laying of the foundation stone for a new engineering and production site in Preljina near Čačak, Serbia. The company will invest 89 million euros and employ around 550 workers, with first deliveries expected by end of 2025.

- Type: New facility
- Announced: 2024-05-28
- Where: Preljina near Čačak, Serbia
- Value: $96.5M (89.0M EUR)
- Jobs: 550
- Starts operating: 2025
- Status: under construction
- Products: lightweight metal components, assembly tools, parts for automotive industry
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [PWO Group](https://endata.com/companies/73036.md)

## Sources

- [ras.gov.rs](https://ras.gov.rs/en/pwo-group-new-development-and-production-site-in-serbia), 2024-05-28: "Serbia has become a magnet for many companies in the international automotive industry."

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