On December 4, the Development Agency of Serbia (RAS) announced that the Shanghai Huizhong Automotive Manufacturing’s (SHAC) new plant in the Kać Industrial Zone was built with an investment of EUR 30 million. It will be a key European center to produce components for the world's largest premium brands. SHAC will del
On December 4, the City of Novi Sad announced that Shanghai Huizhong Automotive Manufacturing (SHAC) opened a production hall in CTPark Novi Sad East Industrial Zone. The trial production will begin next year. Currently, the company has 30 employees and plans to hire 40 more next year. The company is 100% holding ent
On November 26, FPT Industrial announced that Xiamen Golden Dragon Bus has delivered the first batch of buses powered by FPT’s Cursor 9 Euro VI natural gas engines for the public transport authority in Kragujevac, Serbia.
This is the beginning of a four-year plan to supply 200 buses, helping the city to improve its p
On November 11, the City of Apatin announced that the Chinese company Fine Stamping has opened a plant in the city to produce parts for electric car engines. Built with an investment of EUR 50 million, it will employ 150 workers. The company Fine Stamping is part of the Chinese group Ningbo Zhenyu Technology.
Based o
On October 23, multiple sources reported that the Fiat Grande Panda, which is built at Stellantis’ Kragujevac plant in Serbia, is the first Fiat model on the new Smart Car platform for compact cars. Around 200 Italian workers (from plants such as Melfi, Atessa, and Pomigliano) have temporarily joined the plant to avo
On October 13, ElevenEs signed a "Joint Declaration of Support for the ElevenEs Battery Manufacturing Expansion" with representatives from the European Commission and the Development Agency of Serbia, in the presence of the President of the European Commission.
The signing ceremony took place at the first EU-Western
On September 11, multiple sources reported that Stellantis Cassino plant will have another production shutdown on September 15, 2025, after the summer break. This is the second stoppage in early September 2025. From January to August 2025, the plant operated only 70 out of 144 working days, marking its lowest activit
On August 21 and 22, multiple sources reported that the Stellantis’ Kragujevac plant, Serbia will hire 800 workers from Nepal and Morocco to cover labour shortages. Serbia is turning to foreign workers as fewer locals are interested in low-paid factory jobs.
The new workers will support a third production shift start
On August 8, Serbia’s Ministry of Environmental Protection announced the termination of the 2025 subsidy program for purchasing new fully electric vehicles, as the allocated funds were exhausted before the end of the year. Government of Serbia had been supporting the amount of up to EUR 5,000 this year when purchasin
On July 24, the municipality of Cuprija, in a social media post, announced that it has signed a memorandum of understanding (MoU) with the Republic of Serbia and the Chinese company Shandong Golden Empire Precision Machinery Technology Co. Ltd.
Shandong Golden Empire Precision Machinery will build a new plant in Cupr
On July 20, the Minister of Economy met with a delegation from the Chinese company LAUNCH to discuss potential investment opportunities in Serbia’s automotive industry.
The meeting focused on plans to set up a research and development center and build a final assembly plant. These projects aim to bring added value, n
On July 18, the Government of Serbia signed two memoranda of understanding (MoU) with Minth Holdings Limited. As part of the agreement, the company will invest EUR 950 million over the next five years to build new industrial plants for the automotive industry in Leskovac and Ćuprija.
The new major investment will cre
Leoni AG (Leoni) has decided to scale down production at its factory in Malošište (Serbia) in the coming months and fully cease production by the end of 2025, affecting around 1,900 jobs.
The closure is attributed to the lack of a long-term, strategically and financially sustainable perspective. The Malošište plant,
On July 3, PWO Group opened its new engineering and production site in Čačak, Serbia. It will commence production towards the end of 2025. It will see an investment of EUR 28 million. The new facility is built on a 100,000 square meter site with a scope for further expansion.
The PWO Group will engineer and produce s
On July 2, the Government of the Republic of Serbia, the City of Niš, and the Chinese company Zhejiang Yusei Plastic Mould Group CO LTD signed a memorandum of understanding to construct the company's new factory in Niš. The project involves a EUR 26.5 million investment to build a new, modern production facility next
On June 29, multiple sources reported that Serbian President Aleksandar Vučić reached out to Chinese President Xi Jinping on behalf of Stellantis' Kragujevac plant, Serbia over problems with rare mineral exports due to U.S. tariffs.
Xi responded positively and had already instructed Chinese authorities to work closel
On June 24, NOVELIC, a subsidiary of Sona BLW Precision Forgings (Sona Comstar), announced that their ACAM Automotive In-Cabin Monitoring solution, will be available in 2026, following a nomination from a leading Tier 1 supplier. The technology aims to bring child presence detection to passenger vehicles, along with
On June 21, ElevenEs signed a memorandum of understanding (MoU) with MResource GmbH, Miracle Oruide (Guangzhou) Autoparts Remanufacturing Co. Ltd. (Oruide is a Joint Venture between Miracle Automation Engineering Co., Ltd. and Stellantis NV), and American Lithium Renaissance Holding Company to establish a joint ventu
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