Continental progresses second Serbia factory

November 11, 2021 (Last Updated November 11th, 2021 11:43)

A second Novi Sad factory is about 12 months off opening.

Continental progresses second Serbia factory

Continental has completed the first building phase of its second factory in Novi Sad, Serbia, SeeNews.com reported, citing the Serbian president’s office.

The factory will be complete in about a year and will have between 600 and 700 employees, the office said in a statement.

SeeNews noted Continental opened its first factory in Novi Sad last March following a EUR140m (US$162m) investment.

The supplier had also been operating a research and development (R&D) centre in Novi Sad since March 2018 and also has a plant making pipes and pipe systems for vehicle powertrains in Subotica, in northern Serbia.