Lianbo Precision Technology, China opens new plant in Serbia
On April 25, the City of Novi Sad announced that Jiangsu Lianbo Precision Technology has opened its first plant (Lianbo Precision Technology Serbia DOO) in Europe in Kać, Serbia. The 2,000 square meters (sqm) plant will employ 500 people. The factory is being built in two phases, on an area of 14,000 sqm in phase 1,