Teklas Automotive factory opened in Vladicin Han - Turkish investor to employ 1,200 workers by 2018, investment valued at EUR 11.35 million

Source: Tanjug Thursday, 07.04.2016. 14:32
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Serbian Prime Minister Aleksandar Vucic opened today in Vladicin Han a factory of the Turkish investor Teklas Automotive, which produces components for automobiles and is expected to invest a total of EUR 11.35 million in this project.

The red ribbon was cut by PM Vucic and Turkish Ambassador to Serbia Mehmet Kemal Bozay in the presence of Serbian ministers Rasim Ljajic and Zeljko Sertic.

This investment will be completed by 2018, when profits are expected to reach EUR 20 million.

Turkey's Teklas Automotive was established in 1971 with the main focus on the automotive industry. The company designs, develops and produces fluid circulation systems and windshield wipers with anti-vibration parts for manufacturers of original parts wordlwide.

This company in Serbia, that is, in Vladicin Han, plans to produce low-pressure fluid circulation systems.
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