He said that ZF would provide state-of-the-art production of components for the best cars, but also the formation of a science and development center, which will help keep professionals from leaving the country.
Vucic invited the German partners to bring more companies and suppliers to Serbia
and said that, in the first five months of 2019, Serbia attracted 17% more direct foreign investments than in the same period last year.
According to him, German companies in Serbia employ around 58,000 people. He added that he believed that the number would be even greater in the future.
ZF, a leading car component manufacturer, employs more than 140,000 people in 230 locations in 40 countries, and its annual revenues amount to around EUR 36 billion.