Yanfeng opens factory in central Serbia
Yanfeng Automotive Interiors has opened an 18,500 sqm factory in Kragujevac, central Serbia. The Chinese manufacturer will employ 200 people to start, with plans to boost its staff to 800 by 2023. Yanfeng produces interior components for cars and one of the main suppliers for Mercedes. Headquartered in Shanghai, the company operates about 110 manufacturing facilities and technical centers in 20 countries.