CTP Invest to build new factory in Novi Sad – Opening planned for spring 2020

Source: Promo Wednesday, 16.10.2019. 09:35
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After Kragujevac, CTP wants to build another auto industry facility, this time in Novi Sad.

BMTS Technology, one of the leading producers of turbocharger turbines in the world is the new client of CTP invest. The construction is well on its way, and the factory featuring state-of-the art technology should open in the spring of 2020.

BMTS will bring 500 new jobs to Novi Sad. Also, a development and research center for 50 engineers and another 70 university-educated employees, will be made. This means that only 380 people will work in production in three shifts, which is indicative of highly automated production processes.

CTP will invest over EUR 13 million in the facility and the land directly, whereas the planned value of the production equipment is around EUR 35 million. This will be the most modern factory in Novi Sad and is one of the most modern ones in Serbia. A considerable part of the facility will be equipped with everything that's necessary for R&D activities.

– Everything is going as planned in Novi Sad. We are very satisfied with the cooperation with our client. The construction of the third industrial park in Serbia brings another 25,000 m2 to our portfolio. After Belgrade and Kragujevac, Novi Sad is the third city were we are successfully realizing our projects. The aim is for the CTP network to cover the territory of Serbia, starting with the largest cities. The good cooperation with the management of the City of Novi Sad has once again shown to be a very important aspect of successful project implementation – Vlatko Djuricek, Country Head of Serbia at CTP Invest, emphasized.
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