German Bosch Group reportedly mulls production in Serbia - Novosti.

By bne IntelliNews November 2, 2010
German Bosch Group might launch production in Serbia, Novosti daily reported on unconfirmed information. The possibility was discussed during a recent meeting of Serbian president Boris Tadic with the representatives of German state of Baden-Wurttemberg. Bosch Group is considering other markets, as well. If the company picks Serbia, its plant will be located near Belgrade. So far, Serbia has mainly lured investments in financial services and telecommunications. However, after the arrival of Italy's Fiat, the structure of investors, interested in Serbia has changed, with most of the investors being components maker. The representatives of the Serbian Investment and Export Promotion Agency SIEPA said negotiations with Bosch are being held.

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