- Source: Večernje Novosti
- News clipping (1)
A total of 40 municipalities and cities in Serbia foremost the... More info
President of Serbia Aleksandar Vučić and H.E. Ambassador of China Chen Bo attended the commencement of construction works for the automotive component factory Minth in Loznica. Vučić stated this was a turning point in the development of the city and expressed hope that Volkswagen would take into account the increasing number of component producers in Serbia in their decision-making process regarding the location of their new factory. Vučić communicated that the Chinese owners were going to invest total of EUR 100 million in the factory in Loznica, in two stages, the plant would employ total of 1,000 workers and the production would include aluminium-based components for various automotive manufacturers.