German "B+B Thermo-Technik GmbH" opens factory in northern Serbia

NEWS 31.10.2019 15:26
Source: Tanjug / Jaroslav Pap

The German producer "B+B Thermo-Technik GmbH" invested a million Euros in a new factory in Serbia's northern town of Subotica, and the CEO of "B+B Sensor Solutions" in the town Daniel Spehar said the company considered moving its production facilities from China to Serbia, the Beta news agency reported on Thursday.

The company currently employs a hundred workers in Subotica who will produce thermo-technical sensors.

B+B Thermo-Technik GmbH“ is in business since 1984 in Germany and has operations in The Netherlands, China and Hong Kong.

The head of Vojvodina’s provincial Government Igor Mirovic said Germany had already invested 1.4 billion Euros in Serbia’s northern province.

He added that 50 German companies had been operating there, securing jobs for over 60,000 people.