Big German Investment in Cacak Announced – Laying Down of Foundation Stone in October and Employment of 800 People

The president of Serbia, Aleksandar Vucic, has announced the new large German investment in Cacak. As he wrote on his official Instagram profile, “at the Presidency of Serbia, the final details regarding the investment of at least EUR 90 million in the greenfield investment, in the first phase alone, have been agreed.”

– By October, we will lay down the foundation stone for a new German factory which will employ 800 people with high salaries. It also belongs to the automotive industry. I believe that it is big news not just for Cacak, but also for all the surrounding places, for Kragujevac and due to the University of Kragujevac, and I also believe that it will mean a lot to the development of central and western Serbia – Vucic said in a video address.

Univerzitet u Kragujevcu

Aleksandar Vučić

University of Kragujevac

greenfield investments in Čačak

construction of German factory in Čačak