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Leoni to close plant in Malošište, Serbia, by 2025, affecting around 1,900 jobs
Leoni to close plant in Malošište, Serbia, by 2025, affecting around 1,900 jobs 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, which opened in 2014, has been operating at a...
News Updated at: 2025/07/07
PWO Group, Germany opens new site in Serbia
PWO Group, Germany opens new site in Serbia 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 sophisticated metal components and systems for vehicle electrification, safety, and com...
News Updated at: 2025/07/04
Zhejiang Yusei Plastic Mould, China plans new plant in Serbia
Zhejiang Yusei Plastic Mould, China plans new plant in Serbia 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 to the current factory and partner Xingyu. It will employ 280 new w...
News Updated at: 2025/07/04
China to export critical mineral after Serbia’s appeal for Stellantis Kragujevac plant
China to export critical mineral after Serbia’s appeal for Stellantis Kragujevac plant 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 closely with Serbia and speed up approvals as a...
News Updated at: 2025/06/30
NOVELIC, Serbia secures nomination for 60 GHz radar in-cabin monitoring system from Tier 1 automotive supplier
NOVELIC, Serbia secures nomination for 60 GHz radar in-cabin monitoring system from Tier 1 automotive supplier 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 additional functional...
News Updated at: 2025/06/25
ElevenEs, Serbia signs new MoU for LFP battery recycling
ElevenEs, Serbia signs new MoU for LFP battery recycling 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 venture for recycling LFP battery waste. This collaboration aims to develop a s...
News Updated at: 2025/06/24
Wanhua Chemical Battery Technology, China and ElevenEs, Serbia partner on cathode materials
Wanhua Chemical Battery Technology, China and ElevenEs, Serbia partner on cathode materials On June 6, ElevenEs Ltd. announced that it had signed a memorandum of understanding (MOU) with Wanhua Chemical Battery Technology Co., Ltd. to localize the supply chain of battery cathode materials in Europe. This collaboration aims to establish a comprehensive supply and technical partnership covering products such as LFP cathode materials, PVDF (polyviny...
News Updated at: 2025/06/09
EC selects 13 Strategic Projects total cost of EUR 5.5 billion in third countries to secure access to raw materials including rare earths
de the EU, including in overseas countries and territories. The projects will diversify the EU’s supply sources and enhance economic security, while also promoting local value creation in third countries. Among the 13 Strategic Projects, seven are located in Canada, Greenland, Kazakhstan, Norway, Serbia, Ukraine, Zambia, with whom the EU has a strategic partnership on raw materials value chains; and the remaining ones are located in Brazil, Mad...
News Updated at: 2025/06/06
GEB, China plans plant in Serbia to supply components to BMW
GEB, China plans plant in Serbia to supply components to BMW On June 4, the Ministry of Economy, Serbia, in a social media post, announced that the Chinese company GEB – Shandong Golden Empire Precision Machinery Technology is planning to build a factory in Serbia for the needs of BMW. Serbia has been shortlisted for the implementation of this major investment. Based on social media update of the Ministry of Economy, Serbia...
News Updated at: 2025/06/04
Michelin unveils new CrossClimate 3 and CrossClimate 3 Sport all-season tires
/35 R21 107Y. Both tires also feature the 3PMSF (Three Peak Mountain Snow Flake) marking approved for wintry conditions. They are manufactured at Michelin’s plants in Bad Kreuznach (Germany), Valladolid (Spain), Vitoria (Spain), Nyíregyháza (Hungary), Cuneo (Italy), Olsztyn (Poland), and Pirot (Serbia). The dimensions with the most complex design of the CrossClimate 3 are manufactured in Roanne (France). (From a press release dated May 22, 20...
News Updated at: 2025/05/23
ElevenEs, Serbia presents Edge574 Blade Cell
ElevenEs, Serbia presents Edge574 Blade Cell On May 15, ElevenEs launched Edge574 Blade Cell. It can charge 10% to 80% in just 12 minutes. 10C charging is possible, with a cycle life of at least 500,000 km. The Edge574 Blade Cell demonstrates exceptional adaptability through its optimized design for both cell-to-pack (CTP) and cell-to-body (CTB) integration. A pack with potentially 210 cells can reach a peak charging power of 1MW. At 10°C, the...
News Updated at: 2025/05/19
Citroën begins C3 production at Stellantis’ Kragujevac plant in Serbia
Citroën begins C3 production at Stellantis’ Kragujevac plant in Serbia On April 17, Stellantis announced that Citroën has started production of new fourth generation C3 at Stellantis’ plant in Kragujevac, Serbia. The facility was modernized from 2022 to 2024 under a deal with the Serbian Ministry of Economy to support the new ‘Smart Car’ platform and promote EV models production. The site complements the Trnava plant in Slovakia, where ...
News Updated at: 2025/04/17
Stellantis sends Melfi workers to Kragujevac plant, Serbia to increase Fiat Grande Panda production
Stellantis sends Melfi workers to Kragujevac plant, Serbia to increase Fiat Grande Panda production On April 11, multiple sources reported that Stellantis has recently decided to send workers from its Melfi plant in Italy to support production of the Fiat Grande Panda in Kragujevac plant, Serbia. The new model has seen strong demand in just a few weeks. However, the Kragujevac plant in Serbia is struggling to ramp up production rate. To help spee...
News Updated at: 2025/04/14
Novelic, Serbia to present cabin monitoring and 180° radar park assist technology at Auto Shanghai 2025, China
Novelic, Serbia to present cabin monitoring and 180° radar park assist technology at Auto Shanghai 2025, China On April 3, Novelic announced that it will showcase live demos of its advanced 60 GHz in-cabin radar monitoring module, and its 79 GHz radar-based park assist sensor, at Auto Shanghai 2025. Novelic’s ASPER200 is a 79 GHz short-range radar module designed for passenger vehicles, motorcycles, and commercial or construction vehicles. It ...
News Updated at: 2025/04/04
JFE Shoji, Japan to produce metal parts for electric motors in Serbian plant
JFE Shoji, Japan to produce metal parts for electric motors in Serbian plant On March 23, the Mayor of the Municipality of Indija, Serbia, met with the representatives of JFE Shoji. JFE Shoji will soon finish building the factory in Indija. The plant will see an investment of EUR 50 million and the employment of around 150 workers. The plant will produce metal parts for electric motors. Based on Social media update of the City of Indija...
News Updated at: 2025/04/03
City of Novi Sad, Serbia reveals more information about upcoming plant of SHAC, China
City of Novi Sad, Serbia reveals more information about upcoming plant of SHAC, China On March 30, the Mayor of Novi Sad received the management of SHAC (Shanghai Huizhong Automotive Manufacturing). SHAC will soon begin construction of its first factory in Europe in Novi Sad, with an investment of EUR 40 million. The plant will employ 200 workers in the first phase. Representatives of SHAC informed the mayor that they had already reached agree...
News Updated at: 2025/04/03
Serbia to provide subsidies to Rivian for European technology center
Serbia to provide subsidies to Rivian for European technology center On March 28, multiple sources reported that the Ministry of Economy of Serbia granted a subsidy of EUR 3.5 million to Rivian SE Europe d.o.o. The funds were allocated to the company for the establishment of a European technology center, as well as centers of excellence and shared services for Rivian’s support functions. Based on multiple sources ...
News Updated at: 2025/03/31
Stellantis’ Kragujevac plant joins Citroën e-C3 production to meet demand
Stellantis’ Kragujevac plant joins Citroën e-C3 production to meet demand On March 24, multiple sources reported that Stellantis' Kragujevac plant, Serbia will help produce the Citroën e-C3 alongside the Stellantis’ Trnava plant in Slovakia. This is positive news for Serbian workers, as a new model could create jobs and support the local auto industry. However, production in Serbia will mainly handle extra demand rather than serve as a majo...
News Updated at: 2025/03/26
BOGE Rubber & Plastics, Germany plans plant in Nis, Serbia
BOGE Rubber & Plastics, Germany plans plant in Nis, Serbia On March 21, the City of Nis announced that a delegation from BOGE Rubber & Plastics visited Niš and presented plans for building a plant, starting production, and employing several hundred workers in the first phase of development. The plant will have a 40,000 square meters area. BOGE Rubber & Plastics is a leading global brand in the field of vibration control technology and plastics s...
News Updated at: 2025/03/24
Stellantis plans to relocate Modena, Italy employees to Serbia
Stellantis plans to relocate Modena, Italy employees to Serbia On March 13, multiple sources reported that Stellantis is offering Maserati employees in Modena a voluntary six-month transfer to Serbia to produce the Fiat Grande Panda. The Modena plant has been idle since November. Many workers have been on redundancy for some time. Stellantis proposed that these workers temporarily transfer to the Kragujevac plant in Serbia for Fiat Grande Panda p...
News Updated at: 2025/03/17