Feka Automotive building factory in central Serbia

by   CIJ News iDesk VII
2019-09-18   10:10
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Feka Automotive broke ground on a factory in Cuprija, central Serbia. The 7,000 sqm facility is going up within the Minel industrial zone on a 4 ha land parcel that the company got from the state. The value of the investment is expected to reach €15m. The Turkish company will initially employ 110 people at the plant, which will produce automotive parts. Completion is scheduled for the end of this year or the beginning of 2020, according to Cuprija Mayor Ninoslav Eric.