Chinese company to build €50m factory in Nis

Chinese company to build €50m factory in Nis

Published at: 2019-05-09 10:32 | Author: CIJ Serbia
Changzhou Xingyu Automotive Lighting Systems is planning to build a factory in Nis. The investment is worth about €50m and will add 1,000 new jobs to the local labor market. The factory will produce lighting for the automotive industry, with products to be exported to Germany, Slovakia and France. Its main clients include leading brands like BMW, VW, Audi, Peugeot, Renault and Opel. The Chinese company employs around 5,000 people in five factories in China, Germany and Japan.

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