PWO Group opens engineering and production site in Čačak, Serbia

PWO Group officially opened a new engineering and production site in Čačak, Serbia, with an investment of approximately EUR 28 million. The site is expected to create over 500 jobs, with production due to start in late 2025.

“The Čačak site represents the next milestone in our growth strategy. We are enhancing our global engineering expertise and expanding our local production capacity for our Eastern European customers.”marketscreener.com

• 2 sources
• marketscreener.comPWO Group opens new site in Serbia, providing strong growth momentum for sustainable mobilityEQSJul 3, 2025
• webdisclosure.comProgress-Werk Oberkirch AG (ETR:PWO) |Progress-Werk Oberkirch AGJul 3, 2025

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