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IGB Automotive builds new factory

19. August 2010.

After more than successful three-year operations, IGB Automotive has decided to build a new factory in the industrial zone in Indjija. The investment will amount to about 3 million euros, while the Ministry of Economy and SIEPA will back funding with incentives worth 1.8 million euros - it is stated on the website of the Indjija municipality.

The agreement on construction will be signed tomorrow (August 18, 2010) in the presence of Serbian Minister of Economy and Regional Development Mladjan Dinkic, Indjija Mayor Goran Jesic, IG Bauerhin GmbH CEO Jozef Hilmer, and SIEPA Director Bozidar Laganin.

IGB Automotive is engaged in production of heaters for seats and steering wheels, sensors for belts, electric control units, and seat venting systems.

Source: eKapija