Yanfeng Automotive Interiors (YFAI) is celebrating the opening of its new plant in the Sumadija region of Serbia. The state-of-the-art manufacturing facility in Kragujevac will require up to 800 new employees over the next few years.
“With this new plant in Serbia, we are expanding our manufacturing capacity in Eastern Europe’s growth markets and responding to our customers’ increasing presence in the region,” said Tony Elenbaas, vice president and general manager, Europe and South Africa at YFAI.
The company will manufacture automotive interior components in a production area of approximately 18,500m2 and has already created approximately 180 new jobs in the region, with more expected to be added year on year at its first plant in Serbia.
YFAI cites good infrastructure and the availability of skilled workers in the Kragujevac area as key to the location’s selection. Other factors in the decision included its central location in southeast and central Europe and proximity to other YFAI plants in Hungary, the Czech Republic and Slovakia.