New investors interested in Belarus’ Great Stone Industrial Park

More than 30 companies are considering residency in the China-Belarus Industrial Park of Great Stone, in the outskirts of Minsk. According to Li Haixin, Director General of Industrial Park Development Company, the investors expressed their strong interest in implementing their projects in the park and signed agreements of intent with Industrial Park Development Company. Continue reading New investors interested in Belarus’ Great Stone Industrial Park

Ametek opened a new factory in Subotica

American Ametek opened in a new factory for the production of small engines in Subotica, a city in northern Vojvodina, Serbia. By the end of 2015, the facility is set to employ 150 workers and produces 1.5 million engines per annum. This factory will produce electric motors of low power and high efficiency, which are installed in a variety of household appliances. The products from this factory will be intended for export, mainly to Europe, and then Asia and the market. According to Erik Sausiņi, General Manager of Ametek Group Europe, the facility is the first phase of a larger investment in Subotica. Continue reading Ametek opened a new factory in Subotica