Chinese company Finestamping Technology to invest EUR 50 million in factory in Apatin – Production to start from September, jobs for 150 workers

The works at the Chinese investor Finestamping’s factory in the Apatin industrial zone, as announced, should be completed by the end of July, and production can begin in September, the Provincial Government announced. The construction started in September of last year, and according to the president of the municipality, Dubravka Korac, it is the biggest investment in the last decade that will provide 150 jobs.

This company plans to invest EUR 50 million in the construction and equipment of the factory by 2028, which is one of the largest investments in the region.

In the first phase of the project, the employment of around 150 workers is planned, along with the launch of a dedicated education program for employees on the most modern technological processes.

In the urban planning project, which was developed by the company Arhitop, it is stated that the Chinese investor is planning a plant for the production of engine cores for electric cars.

The Chinese company, as reported by the local self-government, intends to open a factory that will use the technologies of stamping, welding, assembly, pressure casting and digital control in order to produce auto parts, such as rotors, stators, etc.

The construction is led by China Construction Sausum DOO Belgrade, while Orbis Company is responsible for professional supervision. The designer is Studio Structura, local media reported earlier.

Founded in 2013 in Jiangsu Province, China, Finestamping specializes in the research, development, production and sales of various electric motor cores. Annually, it produces engine cores for 300 million vehicles and generates more than USD 350 million in revenue.

FINESTAMPING TECHNOLOGY CO. DOO BEOGRAD

Opština Apatin

Arhitop d.o.o. Bačka Topola

CHINA CONSTRUCTION SAUSUM DOO BEOGRAD

Studio Structura Beograd

Orbis company d.o.o. Novi Sad

Vlada AP Vojvodina

Finestamping Technology

Municipality of Apatin

Arhitop

China Construction Sausum DOO Beograd

Orbis Company

Studio Structura

Provincial Government

Dubravka Korać