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.

Similar Stories:

Škoda Auto opens high-tech, €214m paint shop in Mladá Boleslav
Škoda Auto opened a new paint shop at its main plant in Mladá Boleslav where it will coa  »
Alkaloid plans €11m North Macedonian expansion
Alkaloid is planning to invest €11m to expand its operations in North Macedonia. The mon  »
Škoda breaks July delivery record
If there's growing pressure on the Czech automobile sector, it's hard to tell by  »
Czech industrialists brace for no-deal Brexit hit
The Czech Confederation of Industry warns that the its members could lose CZK 30bn as a re  »
How does Bucharest’s investment market compare to Prague’s? There’s little compari   »
How much are you lending on infrastructure projects in Slovakia? How does it compare to ot   »
Should we believe people in the market when they say they’re working on five to six deal   »
Going into 2016, most observers assumed Czech retail assets would be a major investment ta   »