Germany's Continental opens new plant in northern Serbia

A new plant of German car part maker Continental was opened in Subotica, northern Serbia, on Tuesday.

Serbian Prime Minister Aleksandar Vucic, who spoke with the plant's management before the opening ceremony, said the factory, which will hire over 500 people, was another proof the government kept every promise made to investors, and to the benefit of the Serbian citizens, Tanjug reported, citing a statement issued by the Serbian government.

"The government and citizens of Serbia have helped to make this investment come to fruition. The Serbian government allocated over EUR 3 million and investor Continental EUR 14.5 million," he said, according to the government, adding that "people from other municipalities will also find job in this factory, not only those from Subotica, where unemployment is on the decline."

The statement quoted Vucic as saying that he was ...

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