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Wednesday, February 11, 2026
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First step toward LFP battery megafactory: ElevenEs receives permit to prepare site for construction

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The City Administration of Subotica has issued a building permit for preparatory works that precede the construction of a production complex for a lithium-iron-phosphate (LFP) battery megafactory. The decision was adopted on January 19, 2026 through a unified electronic procedure and applies to the site at Tolminska Street No. 35 in Subotica. 

The investor behind the project is ElevenEs d.o.o. Subotica, and the permit specifically covers site preparation activities only; a separate building permit will be required for the actual construction of the factory and ancillary facilities. The future manufacturing complex is planned on a 178,001 square meter parcel (cadastral parcel No. 36916/1) in the Donji Grad cadastral municipality, which is privately owned by the investor. The total gross built area of the planned buildings will be 24,607 square meters. 

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The estimated cost of the preparatory works is 116.55 million Serbian dinars (excluding VAT), and the works may begin once the decision becomes final and the requisite work notification is submitted to the competent authority. 

The construction of an LFP battery megafactory in Subotica – described as the first of its kind in Europe – was initially announced in 2023. Earlier plans for the project envisioned a total investment of approximately €1 billion and the creation of around 1,000 new jobs. The facility is expected to produce about 7,875 LFP battery units per year, equivalent to around 1 MW of battery capacity. 

In the planned factory, prismatic LFP “blade” cells will be manufactured. These cells do not use nickel or cobalt and are primarily intended for stationary energy storage systems such as those paired with solar and wind installations, but also for various types of electric vehicles. The technological process will include electrode production, cell assembly, formation and aging, and module assembly. 

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ElevenEs initiated a pilot production phase in 2024, and its CEO, Nemanja Mikać, has previously outlined ambitious expansion plans, including the potential development of three gigafactories that could employ more than 20,000 people. The company has also been reported to be considering building a battery cell gigafactory in Poland as part of its broader growth strategy. 

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