IMI Group plans to open factory for electronics for 30 million euros in Serbia

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Dutch manufacturer of electronic goods Cooperatief IMI Europe, part of the leading group Integrated Micro-Electronics Inc (IMI), intends to open a factory worth 30 million euros in the Serbian town of Nis, announced the Serbian Ministry of Economy BalkanEngineer.com.

Construction works on the new production facility will begin early next year, the ministry said after signing a memorandum of agreement with the company's management. The investor plans to open 1 250 jobs in the next 10 years.

The European division of the company was established in Bulgaria in 1997 and showed the potential for economic growth in the region, especially in the automotive sector. "Therefore the investor decides to open a new production base in Southeast Europe and choose Nis as a location", also informed from the Ministry.

Source of the pictures: SeeNews