German Boysen to Open Factory of Exhaust Systems in Subotica This November – Investment Worth EUR 65 Million
Thanks to the numerous investments of foreign companies, such as Siemens, Continental, or Swarovski, around 6,500 people have been employed at the Mali Bajmok Business Zone in Subotica in the past ten years and more. Not all the employees come from Subotica, as many workers have come to the city in the north of Vojvodina from other parts of Serbia. Subotica has therefore become an interesting place for living, the mayor, Stevan Bakic, says for RTV.
– We are aware ourselves that, currently, Subotica is at the very top among the cities of Serbia when it comes to the increase in the price of apartment floor area and apartment rent prices, which have also jumped. There’s a great inflow and interest of citizens from other parts of Serbia to come to live and work in this city due to the need for labor force and an increased interest in employment, because, for example, the Boysen facility is supposed to employ 507 workers by 2024 – points out the mayor of Subotica.
As announced earlier, the German company Boysen is a leading company in the world when it comes to the production of exhaust systems for the automotive industry. It has production facilities on all continents.
Boysen is certainly the biggest investment in the recent history of Subotica, but there are other capital projects which are either being carried out already or are being planned in that city.
Close to RSD 11 billion will be set aside for the completion of the reconstruction of the National Theater, the reconstruction and modernization of the General Hospital and the City Stadium, the construction of the water and sewer systems and two waste water treatment facilities in Cantavir and Bajmok.
Naš izbor
Continental Opens Car Part Factory Near Novi Sad – Exports Worth EUR 2 Billion Expected in Three Years Industry, Transport, Finance, IT, Telecommunications
Most Important News
06.04.2024. | Agriculture
Preconditions for Placement of Fresh Blueberries and Dried Plums in Chinese Market Secured
16.04.2024. | News
Jovan Ciric, Leasing Director Retail MPC Properties – MPC Echo symbolizes our desire for good ideas and innovative endeavors to spread freely and bring about positive changes
16.04.2024. | News
10.04.2024. | Finance, IT, Telecommunications, Tourism, Sports, Culture
Creative Industry – What This Serbian Economy Sector Worth EUR 2 Billion Encompasses
10.04.2024. | Finance, IT, Telecommunications, Tourism, Sports, Culture
23.04.2024. | Finance
Mali: UK Export Finance interested in financing several projects in Serbia
23.04.2024. | Finance
16.04.2024. | News
Economy Fair in Mostar opens – 26 companies from Serbia exhibiting
16.04.2024. | News
23.04.2024. | Construction, Transport
Tender for first section of Belgrade-Nis fast railroad from Velika Plana to Paracin announced
23.04.2024. | Construction, Transport