US Johnson Controls, a leading global producer of automotive seating, overhead systems, door and instrument panels, and interior electronics, is considering setting up a production facility in Korman Polje, near the factory of local car maker Fiat Automobili Srbija (FAS), Politika has reported citing sources from the Kragujevac authorities. According to the daily, the US company is interested in the possibilities for cooperation with FAS. Johnson Controls holds 30% of worlds market in car interiors production. It employs over 140,000 workers in 50 factories worldwide. Italian automotive components makers Magneti Marelli, as well as Koreas Yura are also interested in establishing cooperation with FAS, Politika wrote. |
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
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
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