With the aim of strengthening growth in Eastern Europe through the expansion of its seating production capabilities, Magna opened a new plant in the southern Serbian city of Aleksinac. The company celebrated the grand opening with the President of the Republic of Serbia, Aleksandar Vucic, members of government and other local representatives. The greenfield facility currently employs roughly 780 people with the expectation to potentially increase the workforce up to approximately 1,000 employees by the end of 2022.
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