Gorenje, which became part of China’s Hisense Group last year, is moving its refrigerator production unit to Valjevo, western Serbia. The new factory, which has an investment value of €4m, is expected to manufacture 150,000 fridges annually. Production should start at the beginning of April, with another large hall scheduled to open on a site that used to house the old Elind factory in October 2020. Around 1,000 people will work at the new site.