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.
Ametek is already present in Subotica. A few years ago the company took over German Dunkermotoren, based in the Subotica Free Zone. Now Ametek decided to expand due to a very successful business as well as excellent cooperation with the city administration. Sausiņi points out that the project in Subotica is very important for Ametek Group and and the company has further plans to build a new hall in the Free Zone Subotica. The second phase of the project which would employ about 700 workers.
Ametek is a global engine manufacturer based in Philadelphia, USA, with annual sales of $4 billion, employing 40,000 people worldwide. About 40 per cent of production is sold in the US market and the rest in Europe and Asia.