Source: NS Uživo | Friday, 05.03.2021.| 10:53
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German Continental to Open Factory in Novi Sad on Sunday – Construction of Another Complex This Summer

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Illustration (Photo: Carole Castelli/shutterstock.com)
Continental is commencing operations in Novi Sad this Sunday, and the construction of another complex is to start in the summer, announced Mayor Milos Vucevic.

– We got Continental through the good results of the Research and Development Center as well. That’s where they hired our young experts. Around twenty of our citizens returned from Germany, USA, Romania, to work in their country. You live in your state, you speak your language and you receive a salary above the state average – Vucevic said on TV Vesti.

Vucevic announced the arrival of capital values to Novi Sad, the increase of the market price of labor and the manufacture of higher-value products.

The new factory for the production of car electronics in Novi Sad is worth EUR 140 million, and, according to earlier announcements, at least 500 workers will be employed there.
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