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.

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