Knott Autoflex Yug opens facility for hot-dip galvanizing of iron and steel products in Becej
The facility will employ 82 workers. The annual production capacity will amount to 20,000 tons out of which 14,000 tons will be sold while the rest will be used for the need of its own production.
Knott manufactures car trailer parts and employs 740 workers in Becej. Total investments of the company amount to EUR 25.5 million.
The Serbian president Aleksandar Vucic said that galvanized products from the Knott facility would be built into the guard rails along Serbian roads, currently being imported.
He also announced the construction of the bypass around Temerin for faster travel to Novi Sad and a high-speed road from Sombor to Kikinda.
German Knott group operated in Becej through three companies: Motorflex Remont, Knott Autoflex Yug and Autoflex Livnica.
Knott Autoflex Yug was founded in 2003. Over 90% of its output is exported and in 2018 their profits amounted to EUR 29.2 million.
The opening ceremony for the new Knott facility in Becej was also attended by the President of the Government of AP Vojvodina, Igor Mirovic, the President of the Assembly of Vojvodina, Istvan Pastor, the German ambassador to Serbia, Thomas Scheib, Autoflex Knott Hungary CEO and co-owner, Sándor H. Szabó, the Director of the Knott Group Germany ,Valentin Knott, and Mayor of Becej, Dragan Tosic
Most Important News
06.04.2024. | Agriculture
Preconditions for Placement of Fresh Blueberries and Dried Plums in Chinese Market Secured
16.04.2024. | News
Jovan Ciric, Leasing Director Retail MPC Properties – MPC Echo symbolizes our desire for good ideas and innovative endeavors to spread freely and bring about positive changes
16.04.2024. | News
10.04.2024. | Finance, IT, Telecommunications, Tourism, Sports, Culture
Creative Industry – What This Serbian Economy Sector Worth EUR 2 Billion Encompasses
10.04.2024. | Finance, IT, Telecommunications, Tourism, Sports, Culture
23.04.2024. | Construction, Transport
Tender for first section of Belgrade-Nis fast railroad from Velika Plana to Paracin announced
23.04.2024. | Construction, Transport
16.04.2024. | News
Economy Fair in Mostar opens – 26 companies from Serbia exhibiting
16.04.2024. | News
22.04.2024. | Industry, Transport
Serbia to develop project of “flying taxis” for EXPO with Airbus – Signing of memorandum announced
22.04.2024. | Industry, Transport