π Tender Overview
Scope :
Ningbo Zhenyu Technology plans to invest 50 million euro ($53.7 million) in the opening of a car parts factory in the Serbian city of Apatin
The planned factory will produce car parts such as rotors, stators and other items by using the technologies of stamping, welding, assembling, pressure casting and digital control. Under the plan, the Chinese investor will spend 50 million euro from 2024 until 2028 in the construction, equipment and launching the operations of the new plant, which will employ 150 workers at the start.