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PWO invests €31m in Čačak plant, up to 550 new jobs by 2033

Location
Čačak · 🇷🇸 Serbia
Company
PWO AG (PWO-Gruppe)
Sector
Automotive supplier
Investment
EUR 31 million
New jobs
+550

The European Investment Bank is lending EUR 15 million to Oberkirch-based automotive supplier PWO for machinery at its 16,500 sqm plant in Čačak (central Serbia), opened in 2025, which makes lightweight components including parts for electric vehicles and houses a shared service centre. Total investment is EUR 31 million (plus EUR 12 million own funds and EUR 4 million Serbian government support); up to 550 jobs are to be created by 2033 (PWO AG EQS news release, 22 Sept 2026).

Source: onvista.de ↗ · Archived copy ↗

Evidence: one source · archived copy saved · How well sourced is Eurotrack?

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