Meita has started construction on its second Serbia production plant in Obrenovac, near Belgrade. The value of the investment is €90m. The new plant will cover 50,000 sqm and is expected to be delivered within six to eight months. Meita will employ 1,100 people at the site. The company manufactures turbo charges for car brands like Ford and Daimler. All products from the new plant will be exported and production will double, the company said in a statement. Meita currently employs 1,450 in Serbia.
