Minth opens aluminium parts plant in Serbia

Chinese motor vehicle areas company Minth Team has opened a EUR100 million (US$110.3 million) plant in Loznica, western Serbia, in accordance to SeeNews.com.

The plant will manufacture aluminium parts supplied largely to BMW, Renault, and Toyota, president Aleksandar Vucic mentioned through the inauguration ceremony.

The factory will hire about 1,000 people today and Minth has ideas to open up additional manufacturing vegetation in Serbia and seek the services of in excess of 3,000 folks.

Minth Group operates in Serbia by way of three subsidiaries – Minth Automotive Europe, Minth Car Parts Balkan, and Minth Metal Elements Balkan.

Apart from the plant in Loznica, Minth has a manufacturing facility in the western city of Sabac. It is also creating a 2nd plant in the metropolis, in which it designs to create metal elements for auto bodies, SeeNews explained.

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