Minth United Alloy-Teck Europe

Minth United Alloy - Teck Europe, a subsidiary of Minth Group, plans to employ 161 workers by the end of 2023 at its 25,000 square meter plant in Šabac, Serbia, which produces aluminum castings for electric car batteries.

Minth United Alloy-Teck Europe plans to invest over €300 million in four factories in Šabac, Serbia, producing aluminum battery housings for electric vehicles and other automotive components. The first factory started mass production in late 2022, and the second phase will add €67 million investment, with total employment expected to exceed 1,500 workers.