Sitemap

Muehlbauer’s New Factory in Serbia: A Milestone for Tech Innovation and German-Serbian Relations

Source:

CorD Recommends

H.E. Maria Levanti, Ambassadorof Greece to Serbia

Finding Ways to Boost Bilateral Ties

Greece’s stance regarding the status of Kosovo...

Navigating the Latest Breakthroughs in Headset Innovation

From virtual reality escapes to augmented workspaces,...

Balkan Borders Blur as Free Labor Movement Pact Launches

Marking a significant shift in the labor...

Southeast Europe Unites in Support for Ukraine at Tirana Summit

In a striking demonstration of unity from...

Hydroelectric Development on Drina: Serbia, Srpska Sign Key Agreement

Serbia and the Republic of Srpska have taken a notable step in regional energy development by signing an agreement...

Pendarovski Seeks Reelection Amidst Broad Support

In a significant political development, Stevo Pendarovski, the President of North Macedonia, has announced his intention to run for...

31st Kopaonik Business Forum Kicks Off Amid Global Uncertainties

The prestigious Kopaonik Business Forum, now in its 31st year, commenced on the Serbian ski resort of Kopaonik, with...

From the Seized Tobacco, 7 Tons of the Highest Quality Organic Fertilizer Were Obtained

Over 5 tons of illegal cut tobacco, as much as 3.5 tons of leaf tobacco, 26,000 boxes of cigarettes,...

Balkan Borders Blur as Free Labor Movement Pact Launches

Marking a significant shift in the labor markets of Southeast Europe, Serbia, Albania, and North Macedonia have forged an...

In a significant development that marks a new chapter in Serbia’s technological landscape, the foundation stone for Muehlbauer Holding’s new production facility was ceremoniously laid in Stara Pazova. The event was graced by the presence of Anke Konrad, Germany’s Ambassador to Serbia, and Aleksandar Vučić, the President of Serbia, highlighting the project’s importance in strengthening the economic and technological ties between Germany and Serbia.

Muehlbauer Group, a global leader in the field of biometric documents, RFID technology for currency and coin verification, semiconductor industry, and precision parts, is set to expand its international operations with this new venture. The company’s initial investment in Serbia dates back to 2012 with the establishment of a technology park, which now employs around 250, mostly highly skilled workers, showcasing Muehlbauer’s commitment to innovation and high-quality employment.

Ambassador Konrad emphasized the significance of Muehlbauer’s investment in Serbia, not only for the bilateral relations between the two nations but also for the trust it signifies in the company’s expertise in smart cards and labels. The production of personal ID cards by Muehlbauer stands as a testament to the high level of confidence in the company’s technological capabilities.

The ambassador also highlighted the positive impact of the new factory and technology park on Serbia’s economy, particularly in terms of creating high-quality jobs in Stara Pazova and fostering the development of new technologies made in Serbia. This move is expected to inspire the emergence of new private companies and contribute significantly to the global e-mobility sector, as well as Serbia’s green transition and transformation efforts.

Read more...

Hydroelectric Development on Drina: Serbia, Srpska Sign Key Agreement

Serbia and the Republic of Srpska have taken a notable step in regional energy development by signing an agreement through the Electric Power Company...

Balkan Borders Blur as Free Labor Movement Pact Launches

Marking a significant shift in the labor markets of Southeast Europe, Serbia, Albania, and North Macedonia have forged an essential agreement, coming into effect...

Reiterating Germany’s support for Serbia’s path towards EU integration, President Vučić pointed out the new facility’s focus on developing and assembling batteries and fuel cells for electric vehicles. This represents a significant investment by the German tech giant in Serbia, introducing cutting-edge technology that is unparalleled worldwide.

With a €30 million investment from Muehlbauer, the new factory in Stara Pazova is set to employ 150 workers, offering an average salary of €900, thereby significantly contributing to the local economy and Serbia’s technological advancement.

Related Articles

Serbia Awards Distinctions to Notable Personalities on National Day

In a ceremonial tribute to Serbia's National Day, President Aleksandar Vučić presented awards to a host of esteemed individuals and entities, celebrating their significant...

Serbia Eyes Stake in Thessaloniki or Piraeus Ports to Boost Exports

In a strategic move to enhance its export capabilities, Serbia has expressed readiness to acquire a portion of either the Thessaloniki or Piraeus ports,...

German-Serbian Chamber Hosts Gala, Pledges Green Future

In a significant event marking the strengthening of German-Serbian economic ties, the German-Serbian Chamber of Commerce (AHK Serbia) hosted its annual gala under the...

Construction Commences on BIO 4 Campus in Belgrade

In Belgrade, near the "Torlak" Institute for Virology, Vaccines, and Serums, the groundbreaking ceremony for the BIO 4 campus has commenced.  This unique multidisciplinary project...

Landslide Victory for Serbian Progressive Party in National Elections

The Serbian Progressive Party, led by "Aleksandar Vučić – Serbia Must Not Stop", has clinched a remarkable victory in the recent parliamentary elections. According...

Apple Co-Founder Steve Wozniak to Become a Serbian Citizen

Steve Wozniak, the acclaimed American computer engineer and co-founder of Apple, along with his wife, is set to become a Serbian citizen, as announced...

Belgrade Wine, Food and Tourism Expo: Wine Vision of Open Balkans

Belgrade has proudly inaugurated the second edition of the "Wine Vision of the Open Balkans" expo, a prestigious event in wine, food, and tourism,...

Serbia and China Sign Free Trade Agreement

Serbia and China have formalised their economic ties in Beijing by signing four pivotal documents, the most notable being the Free Trade Agreement. This...