Novares is investing €6m into the expansion of its production plant in northern Serbia. The company produces parts for the automotive industry. Its plant in Zrenjanin’s Free Zone opened a few years ago. The company currently employs 170 people in the city and will expand its plant by more than 2 ha. Completion is planned for 2019. Novares’ main customers are Fiat, the PSA group, Dacia-Renault and Jaguar-Land Rover.
