London +4420 814 42225
Moscow +7495 543 9194
Kiev +38044 599 2950

Our Clients

Order Informer

Home > News >

Magna to build car seat cover factory in Serbia

March 19/2012

(canplastics) -- Magna Seating, a unit of Canada-based auto parts maker Magna International, will build a car seat cover factory in northern Serbia, the country's investment promotion agency said.

The 34,400-square-foot plant will employ 132 people initially but this will increase to 444 by 2015, Aleksandar Miloradovic, spokesman for Serbia Investment and Export Promotion Agency, told the international media.

Plant construction, to begin in the second quarter of 2012, is estimated to cost USD3.75 million.

The plant will be located in Odzaci, 140km northwest of Belgrade, where local authorities will provide a 6.6 acre plot as part of efforts to attract foreign direct investments, Miloradovic said.

Magna International is headquartered in Aurora, Ont.
Author:Anna Larionova
Category:General News
| More

Leave a comment

MRC help


 All News   News subscribe