Project Notice |
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| PNR | 68576 |
| Project Name | LIGHTWEIGHT METAL COMPONENTS CAPACITY EXPANSION |
| Project Detail | The project encompasses a selection of eligible investments undertaken by the promoter for the construction and ramp-up of a new manufacturing site dedicated to the production of lightweight metal components for the automotive sector as well as tools for sheet metal cold forming. The project will be implemented in Cacak (Serbia) over the period between 2024 and 2026. Objectives The aim is to enhance the promoters competitiveness by improving its cost structure and increasing efficiency through a shortened supply chain. This investment will significantly boost regional development and attract new investors. Sector(s) Industry - Manufacturing Proposed EIB finance (Approximate amount) EUR 15 million Total cost (Approximate amount) EUR 31 million |
| Funded By | European Investment Bank (EIB) |
| Sector | Industry |
| Country | Serbia , Southern Europe |
| Project Value | RSD 31,000,000 |
Contact Information |
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| Company Name | PWO AG |
| Web Site | https://www.eib.org/en/projects/pipelines/all/20220973 |
