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Chinese company Fine Stamping opens factory in Apatin, investing over €50 million and creating 150 jobs

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A new “Fine Stamping” factory has opened in Apatin, creating 150 new jobs, according to an announcement by the Provincial Government of Vojvodina. The facility is owned by the Chinese company Fine Stamping, which specializes in the production of components for electric vehicle motors.

At the opening ceremony, Provincial Government President Maja Gojković said the project carries major significance not only for Apatin but also for the entire country, as it strengthens Serbia’s industrial base and generates new employment opportunities.

“The project has multiple benefits for Apatin and Serbia as a whole. It creates new jobs, enables the transfer of knowledge and technology, and confirms that our province is a reliable region for business and investment,” Gojković stated. She added that the investment will also contribute to local community development, infrastructure improvements, and a better quality of life for residents.

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The total value of the investment will exceed €50 million upon completion of the full investment cycle, the government said.

Gojković emphasized that Apatin, along with Kragujevac and Novi Sad, is becoming one of Serbia’s automotive industry hubs, and she thanked the Chinese partners for their confidence and commitment to investing in Vojvodina.

She reaffirmed that the provincial government remains open to further Chinese investments, noting that such projects contribute significantly to the development of the Serbian economy.

The parent company, Ningbo Zhenyu Technology, was founded in 1994 and is headquartered in Ningbo, China. Listed on the Shenzhen Stock Exchange, it is a world-class manufacturer specializing in precision tools, laminated cores, and structural battery components.

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