Construction work at the factory of the Chinese investor Finestamping in the Apatin industrial zone is expected to be completed by the end of July, with production slated to begin in September, according to an announcement from the Provincial Government, as reported by eKapija. The company plans to invest 50 million euros in the construction and equipping of the factory by 2028, making it one of the largest investments in the region.
In the first phase of the project, around 150 workers are expected to be employed, with a specialized training program for employees focused on the latest technological processes.
The urban planning project, prepared by the company Arhitop, indicates that the Chinese investor plans to build a facility for manufacturing electric vehicle motor cores.
According to local authorities, the Chinese company intends to open a factory that will utilize technologies such as stamping, welding, assembly, die-casting, and digital management to produce auto parts, including rotors, stators, and more.
The construction is led by China Construction Sausum DOO Beograd, with Orbis Company in charge of expert supervision. The project was designed by Studio Structura, as previously reported by local media. Finestamping, founded in 2013 in Jiangsu Province, China, specializes in the research, development, production, and sale of various cores for electric motors. The company produces motor cores for 300 million vehicles annually and generates revenue exceeding 350 million USD.