Hansgrohe to build EUR 85 million plant in Serbia

German sanitary fittings manufacturer Hansgrohe plans to build a EUR 85 million euro faucet factory in Serbia’s Valjevo. The company will start manufacture at the Valjevo factory in late 2023. The plant will span over a 130 000 sq. metre site.

“We are creating additional capacity, especially targeting the European market, which will allow us to be even closer to our customers. And we are focusing on further growth,” said Hans Juergen Kalmbach, chairman of the Hansgrohe executive board.

The Serbian government has signed an agreement to provide financial support for the construction of the factory, the Serbian president’s office said in a separate statement last week. It will invest EUR 16 million to build a 2 km road that will link the Valjevo – Lajkovac expressway to the Valjevo industrial zone, President Aleksandar Vucic said in the statement. Hansgrohe will open 1000 job positions at the factory, Vucic also said.