Serbia’s Vojvodina autonomous province said French producer of moulded aluminium safety components for cars Le Belier plans to invest 12 million euro ($12.9 million) in the construction of a new unit at its factory in Kikinda.
The company plans to hire 80 employees at the new unit which will cover an area of 2,500 sq m at the Kikinda factory where it currently employs some 600, the Vojvodina government said in a statement on Wednesday.
The construction of the unit will allow Le Belier to increase the output of the factory to some one million units annually, the Vojvodina government said.
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Le Belier opened its plant in Kikinda in 2003. Initially, it had 75 employees.
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