Wacker Neuson starts construction of factory in Serbia

The Wacker Neuson Group is building a new production facility for steel components at its Kragujevac location in Serbia to drive the Group’s growth plans and make its internal supply chain more resilient, the company announced. The project officially got underway at a groundbreaking ceremony in late February.

The Group plans to expand its activities and create many new job opportunities in Serbia, investing around EUR 23 million in 2022, followed by additional investments for subsequent construction phases. Equipped with state-of-the-art production and automation technologies, the first construction phase of the new plant is scheduled to go on stream in October 2022 with a footprint of 20 000 square meters and an option to expand this by a further 30 000 square meters.
“With this new manufacturing facility, we will not only be able to respond more efficiently to the requirements of the global market, but also create new jobs while leveraging state-of-the-art production and automation technologies”, said Felix Bietenbeck, COO and CTO of the Wacker Neuson Group Executive Board.