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Serbia prowess sees Yanfeng open interiors plant | Automotive Business Information
YFAI has opened its new plant close to Kragujevac with potential for as much as 800 new jobs
Yanfeng Automotive Interiors (YFAI) says the supply of expert labour and strong infrastructure satisfied it to begin operations within the Serbian metropolis of Kragujevac.
The town – Serbia’s fourth largest and round 100 miles south of Belgrade – has lengthy been on the coronary heart of the Balkan nation’s manufacturing sector with Fiat’s cooperation with Zastava seen on Kragujevac’s roads with the eponymous car a typical sight.
“What we discovered right here is an ample supply of expert folks,” Yanfeng CEO, Steve Meszaros instructed just-auto on the opening of its inside elements manufacturing facility, which lies close to to the provider’s different YFAI places in Jap Europe. “This plant is only one instance of how we intend to pursue our international technique.
“We now have chosen Serbia to broaden our enterprise within the Jap European area because the automotive trade continues to go East. This new facility is properly positioned geographically to help our operation with environment friendly transport logistics. Constructing and launching a brand new facility wouldn’t be attainable with out the help of many businesses.”
The brand new Kragujevac manufacturing facility advantages from being in a Serbian Free Commerce Zone, which operates simplified customs procedures, with the elements facility being established in just some months with the help of Belgrade and the Serbian Improvement Company.
“It’s not solely the nation’s automotive historical past, that attracted us, it’s the availability of the expert personnel,” added Meszaros. “Our plant is designed to make use of as much as 800 [staff] and we absolutely count on to change into the employer of alternative.”
Within the Central and Jap European area, the brand new plant in Kragujevac follows the growth of the provider’s manufacturing community. Key to the choice to find in Serbia was the plant’s place in South East and Central Europe, in addition to proximity to different YFAI vegetation in Hungary, Czech Republic and Slovakia.
“The Free Commerce Zone provides us the flexibility to minimise any potential delays,” mentioned Meszaros. “In our enterprise it’s all the time a steadiness between logistics and different components.”
As well as YFAI’s CEE manufacturing websites, the provider has a Technical Centre in Trencin and an Automotive Enterprise Centre in Bratislava.