LOHR invests EUR 7mn in Serbian plant

French LOHR will invest EUR 7mn in production of car carriers in Bačka Topola, Tanjug reports.

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Monday, 16.04.2007.

11:17

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LOHR invests EUR 7mn in Serbian plant

With a 70 percent share in the world market, LOHR is the global leader in production of trasport vehicles. It has plans to turn out 40 specialized carrier vehicles per month from its Bačka Topola-based plant.

The French company intends to develop a wide subcontractor network for the purpose of car transporter production. For the time being the Bačka Topola plant will import parts from France, and export its annual production worth an estimated EUR 20mn to Russia.

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