Italy's Dytech to finish building EUR 13mn Serbian plant in March.

By bne IntelliNews December 23, 2011
Italy's Dytech Dynamic Fluid Technologies will complete the construction of its EUR 13mn car parts plant in Serbia's Nis in March 2012, the Nis city authorities said. The city mayor has received a letter from Dytech that also said that most of the machinery and equipment for the factory has already been supplied, a statement of the city's website said. The plant will employ some 400 workers. Its construction started in February of this year. This will be Dytech's eighth plant in the world. Its Serbian unit will supply Mercedes-Benz, Renault, Fiat and General Motors. Nis, in southern Serbia, is becoming a preferred location by many global car part makers because of Fiat's production unit there, which will start manufacturing its new L-zero model next year.

Related Articles

Serbia's external debt up 4.7% y/y to EUR 25.4bn at end-Feb 2013.

Serbia's foreign debt rose an annual 4.7% y/y to EUR 25.4bn at end-February after climbing 6.6% on the year in January, central bank data showed. In monthly terms, however, the external ... more

Vip Mobile Serbia signs five-year managed services deal with Ericsson.

Swedish company Ericsson said it has signed a five-year managed services contract with Vip Mobile - the Serbian arm of Telekom Austria Group. The agreement includes field maintenance services for ... more

Telenor and Societe General possible buyers of Serbia's KBC Banka - report.

Norwegian telecommunications firm Telenor and France's Societe General are seen as possible buyers of the Serbian unit of Belgium's KBC Group, which has been on sale for several years now, a ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss