Global automotive supplier Magna International has opened its new seat component manufacturing plant, Magna Seating, in Odaci, Serbia.
With a production area of 4,300m2, the new plant marks the company's first production plant in Serbia. It is also the seventh in Eastern Europe between 2011 and 2013, aimed at supporting the increased automotive production in the region.
The company will supply to its OEM customers including Smart, Renault and Ford from this plant. The plant has employed 300 people in the region.
Magna Seating Europe executive vice president Bernhard Niggemeier said that this move is a step forward in the expansion of manufacturing capacity of their operations in Eastern Europe.
"We are pleased to work together with local and regional leaders to create jobs and opportunity for Odaci and the neighboring areas, as well as support the growth of our global customers," Niggemeier added.
Magna Seating is an operating unit of Magna International. It develops and manufactures seating systems, seat structure and mechanism solutions, and foam & trim products for the global automotive industry.