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Foreign Investors Council
47, Gospodar Jevremova Street, IV Floor, 11000 Belgrade, Serbia
Phone: +381 11 3281 958, 3281 965
e-mail: office@fic.org.rs

MENI

Member News

12. October 2018.

Leoni Launches Construction of Kraljevo Plant

German company Leoni launched Thursday construction of a cable plant in Kraljevo, their fourth facility in Serbia, with the value of the investment being EUR 60 mnl.

The first facility of 6,5000 m2 is planned to be finished by the end of the year, so that the test production of cable sets for the car in-dustry could be launched by early Feb-ruary 2019, by when more than 1,000 jobs will have been opened. Serial pro-duction for Germany’s Mercedes-Benz should be launched in end-2019, that is, in early 2020; the entire facility of 65,000 m2 should be built by 2023, cre-ating around 5,000 jobs. The opening ceremony was attended by the Serbian President Aleksandar Vučić.

Source: Executive Newsletter

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