Modine opens new facility in Vojvodina, Serbia
Mr Fox/Shutterstock.com
U.S.-based thermal management company Modine on Monday opened a new facility in Sremska Mitrovica, in the autonomous province of Vojvodina, northern Serbia, news site eKapija reported.
The Flag of Vojvodina, one of two flags in official use in the autonomous province (photo by Mr Fox/Shutterstock.com).
Speaking in the presence of Serbian Prime Minister Ana Brnabić, the director of Modine Serbia, Dejan Nestorović, said that the opening of the new 3,500 square-meter facility in Sremska Mitrovica was an important step forward in the company’s operations.
According to eKapija, the investment in Sremska Mitrovica amounts to more than EUR 1 million, and initially 45 workers will be employed, building up to a total of 270 in the upcoming period.
Modine is a global leader in the production of industrial temperature regulators and cooling devices, primarily in the auto industry.
Richter Shareholders Approve HUF 423/Share Dividend
Liz & Chain Rooftop Bar Debuts Sustainable Cocktails
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
