Turkish automotive manufacturer Teklas launches new operations in Serbia

MachinesNewsSouth-East European INDUSTRIAL Мarket - issue 3/2015

The Serbian government announced it has signed a contract with the Turkish car producer Teklas Automotive for the construction of a new manufacturing facility of the company in the town of Vladicin Han located in the Pcinja District of Serbia.

Teklas is planning to invest EUR 11,3 million in the plant which is projected to open a minimum of 400 new job positions. The company designs, develops and manufactures fluid circulation systems, and windscreen wiper systems for the major OEMs worldwide. It is a global supplier with 7 production locations on 4 different countries and around 3600 employees all over the world.

The Serbian government also adopted a conclusion on establishing a national Action Plan for Employment for 2016. According to the document the total planned funds for the implementation of active employment policy in 2016 will amount to RSD 3,350 billion.

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