Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Industry / Serbia

Suppliers' Investment To Help Boost Score In BMI Ratings

October 2011 | Industry News

Italian carmaker Fiat's investment in Serbia is stimulating further investments in the autos industry, particularly in the suppliers' segment. In October 2011, Monaco-based automotive supplier Mécaplast started construction on a new plant for the production of plastic vehicle parts in Belgrade, while Germany's IG Bauerhin GmbH kick-started operations at its extended facility in Indjija. Similarly, German automotive component supplier Norma Group commenced operations at a new production facility in Subotica during October 2011 after a EUR11.7mn (US$16.1mn) investment.

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