Serbian company Sinterfuse to invest 2.5 mln euro in Uzice factory
Serbian automotive industry supplier Sinterfuse DOO plans to invest 2.5 million EUR in a factory in the western city of Uzice, the country's economy ministry said.
Sinterfuse, which operates in the field of non-ferrous metals casting, has promised to create at least 100 jobs in the next three years and has agreed a state support of 315,000 euro, the ministry said in a statement on Friday.
According to the pressrelease, Sinterfuse is part of King Ltd Group, which operates also in Israel, the US and Turkey.
Source of the pictures: KingBearings.com