-0.4 C
Belgrade
12/02/2025
Mining News

China’s Naipu Mining Machinery plans to build factory in Serbia

China’s Naipu Mining Machinery is planning to build a factory in Serbia’s eastern city of Zajecar, the local government said.

Local government officials agreed on the next steps on the implementation of the project, following a meeting with Naipu representatives and the Development Agency for Serbia (RAS), the Zajecar city government said in a statement on Friday, without elaborating.

Supported by

The investment in the factory, which will employ more than 350 workers, is worth 25 million euro ($26.7 million), Zajecar mayor Bosko Nicic said earlier.

Established in 2005, Shangrao-headquartered Naipu Mining Machining and New Materials specialises in developing products and rubber wear parts geared towards the ferrous and non-ferrous mining industry, according to the company’s LinkedIn profile.

 

Source: see news

Related posts

Europe’s road to a sustainable electric vehicle future: Challenges and opportunities in critical raw materials

David Lazarevic

Savannah Resources secures temporary land access for lithium mine in Portugal amid local opposition

David Lazarevic

MSP Forum Workshop explores public-private investment in critical minerals for sustainable development

David Lazarevic
error: Content is protected !!