- Chinese automotive suppliers will invest EUR 953 million across multiple Serbian facilities.
- The investments are expected to create 1,650 new jobs in several Serbian cities.
Chinese automotive component manufacturers have announced a significant expansion initiative in Serbia, with total planned investments reaching EUR 953 million. The announcement was made by the Serbian President during a visit to China on May 27. The combined investments are expected to create 1,650 new jobs across multiple Serbian manufacturing locations, further strengthening the country's position as an automotive production hub in the region. The investments span tire manufacturing, automotive lighting, structural components, plastic moulding, and turbocharger technologies.
Linglong Tire will account for the largest share of the announced investments. The company plans to invest EUR 566 million in its existing manufacturing operations located in Zrenjanin. This expansion is expected to generate 400 additional jobs and further enhance production capabilities at the facility. The investment highlights the company's continued commitment to expanding its manufacturing footprint in Serbia while supporting local employment growth.
Minth Group announced two separate investment projects within Serbia. The first investment, valued at EUR 135 million, will be directed toward its factory in Loznica and is expected to create 600 new jobs. The second investment, worth EUR 91 million, will support expansion activities at the company's Sabac facility and generate an additional 220 positions. Together, these projects represent one of the largest employment contributions among the announced investments.
Xingyu Automotive, a manufacturer of advanced automotive lighting systems, plans to invest EUR 77 million in its facility located in Nis. The project is expected to create 100 new jobs. Meanwhile, automotive chassis and structural components producer SHAK will invest EUR 33.5 million in Novi Sad, creating 50 additional positions. These investments support the continued development of Serbia's automotive supply chain capabilities.
Zhejiang Yusei Plastic Mould Group will invest EUR 27 million in its Nis manufacturing facility, creating 280 new jobs. In addition, BMTS Technology plans to invest EUR 13.3 million to expand production of turbochargers and electric auxiliary systems. These projects contribute to the diversification of automotive manufacturing activities in Serbia and reinforce the country's attractiveness for international automotive suppliers seeking growth opportunities in Europe.
Investment and Employment Overview
The following table summarizes the announced investment commitments and expected job creation figures.
Chinese Automotive Supplier Investments in Serbia
| Company | Investment (EUR Million) | Location | Jobs Created |
|---|---|---|---|
| Linglong Tire | 566 | Zrenjanin | 400 |
| Minth Group | 135 | Loznica | 600 |
| Minth Group | 91 | Sabac | 220 |
| Xingyu Automotive | 77 | Nis | 100 |
| SHAK | 33.5 | Novi Sad | 50 |
| Zhejiang Yusei Plastic Mould Group | 27 | Nis | 280 |
| BMTS Technology | 13.3 | Not Specified | Not Specified |
The announced investments demonstrate continued confidence in Serbia's manufacturing ecosystem and workforce. With projects spanning multiple automotive technologies and production segments, the investments are expected to support industrial growth, employment generation, and supply chain development across several regions of the country.
Frequently Asked Questions
What is the total value of the announced Chinese automotive investments in Serbia?
The total value of the announced investments is EUR 953 million. These commitments were announced during the Serbian President's visit to China and involve several major automotive suppliers operating in different manufacturing segments. The investments cover tire production, automotive lighting systems, chassis and structural components, plastic mould manufacturing, turbochargers, and electric auxiliary systems. Collectively, the projects are expected to strengthen Serbia's automotive manufacturing sector and contribute to long-term industrial growth.
How many jobs will be created through these investments?
The announced projects are expected to create 1,650 new jobs across multiple locations in Serbia. The largest employment contributions will come from Minth Group's facilities in Loznica and Sabac, while additional positions will be generated by Linglong Tire, Xingyu Automotive, SHAK, and Zhejiang Yusei Plastic Mould Group. These investments support workforce expansion in several Serbian cities and reinforce the country's attractiveness as a destination for automotive manufacturing and supplier operations.
Which company is making the largest investment?
Linglong Tire is making the largest individual investment among the announced projects. The company plans to invest EUR 566 million in its existing factory in Zrenjanin. This investment will create 400 new jobs while expanding manufacturing capabilities at the facility. The scale of the project highlights Linglong Tire's long-term commitment to Serbia and reflects the strategic importance of the country within the company's European manufacturing and supply chain network.
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