IGB Automotive Inaugurates New Plant in Serbia

IGB Automotive invested about €3 million in the 7,500 square meter facility, which is engaged in the production of seat heaters with an annual production capacity of 6 million units. The investment will reportedly create some 400 new jobs. With its latest project, the total value of IGB's local investment increases to over €5 million. IGB Automotive serves car manufacturers such as Audi, BMW, Fiat, Ford, Porsche and Renault.