Brose, automotive supplier investing 180 million euros in Pancevo, Serbia
In the coming years and will create 1,100 jobs in production, development and administration. This new location north of Belgrade strengthens the competitiveness of the Brose Group.
Pančevo will be the home of a production site for electric motors and drives as part of a first stage of expansion to be completed by 2021. “We are systematically expanding our global development and production capacities with the new Brose plant in Serbia,” explained Thomas Spangler, Chief Technology Officer Brose Group, at the signing ceremony.
Construction work on the 220,000 square meter site is already scheduled to begin this year. The start of production of drives for cooling fan modules is set for summer 2021, followed by motors for steering systems and oil pumps.