Save Western Civilization > Save Serbia

Serbian economy

(1/4) > >>

Slobodan:
"German company MTU Aero Engines, a leading manufacturer of aircraft engines and a global player in the aviation industry, today in Nova Pazova began work on the construction of a factory facility for repairing aircraft engines MTU Maintenance Serbia."

https://www.b92.net/eng/news/business.php?yyyy=2021&mm=07&dd=05&nav_id=111174

"The investment is worth a total of about 100 million euros, and in the first phase, up to 500 people will be employed, and a total of 1.800 to 2.000 jobs will be created.

As previously announced, the MTU plant in Serbia will be able to perform about 400.000 hours of overhaul a year."

"German company MTU Aero Engines, a leading manufacturer of aircraft engines and a global player in the aviation industry, today in Nova Pazova began work on the construction of a factory facility for repairing aircraft engines MTU Maintenance Serbia."


"The investment is worth a total of about 100 million euros, and in the first phase, up to 500 people will be employed, and a total of 1.800 to 2.000 jobs will be created."

"As previously announced, the MTU plant in Serbia will be able to perform about 400.000 hours of overhaul a year."

"We will build a state-of-the-art factory for the production of parts for aircraft engines here," Becker pointed out.

"The factory will be built in the newly formed industrial zone, which is only 25 kilometers from Belgrade's "Nikola Tesla" airport."


"MTU Aero Engines is a leading aircraft engine manufacturer and a global player in the industry. MTU is also a technological leader in the field of low pressure turbines, high pressure compressors, central turbine frames as well as production processes and repair techniques. "


https://en.wikipedia.org/wiki/MTU_Aero_Engines

Ulli:
They run away from Zone A, because the high taxes and regulations make it impossible to compete internationally.

Expect more to come.  :) Good for you!

Slobodan:
This is one of the biggest foreign direct investment. This company is big, the leading in the industry. The maintenece center will start working in 2023. In the future, they may open a research and development center.

In the last few years we had a decent number of big freign companies opening their factories and even development centers here.

For example, off the top of my head, Japanese Nidec electric motor company: https://ras.gov.rs/en/japans-nidec-announces-15-bln-serbia-electric-motor-hub-plan

"Nidec Corporation officially announced its decision to open a new European production hub in the city of Novi Sad in the Republic of Serbia. It is a 1.5 billion euro ($1.8 billion) worth investment in the construction of the factory of motors for electric vehicles (EV) and household appliances."

https://en.wikipedia.org/wiki/Nidec

Again, they may open an R&D center. We have good mechanical, electrical engineers and a lot of IT people too.


We also have a German ZF Group factory and a research and development center already.

https://seenews.com/news/germanys-zf-group-opens-160-mln-euro-ev-parts-factory-in-serbia-657874

https://en.wikipedia.org/wiki/ZF_Friedrichshafen

We have a Texas Istruments' daughter company Elsys Eastern Europe research and development center. Not sure why they call it Eastern Europe, when Serbia is in South-Eastern Europe, but our engineers develop chip designes and send ithem to Texas Instruments in USA for validation and manufacture.

https://www.elsys-eastern.com/

Slobodan:
"Economic growth at 8 pct (flash assesment over 8%) in first six months of 2021."

http://www.tanjug.rs/full-view_en.aspx?izb=668386

"EBRD upgrades Serbia's 2021 GDP growth projection from 3 to 6%"

https://seenews.com/news/ebrd-upgrades-serbias-2021-gdp-growth-projection-to-6-745897

Ulli:

--- Quote from: Slobodan on July 14, 2021, 12:03:28 PM ---"Economic growth at 8 pct (flash assesment over 8%) in first six months of 2021."

http://www.tanjug.rs/full-view_en.aspx?izb=668386

"EBRD upgrades Serbia's 2021 GDP growth projection to 6%"

https://seenews.com/news/ebrd-upgrades-serbias-2021-gdp-growth-projection-to-6-745897

--- End quote ---

If you don't join the EU it will go on like this.  ;D

Navigation

[0] Message Index

[#] Next page

Go to full version