Daimler AG

Japanese company Yazaki opens factory in western Serbia

Japan's Yazaki company on Tuesday opened a factory in the Sabac industrial zone, in western Serbia.

The 30,000 sq-meter plant will produce cable sets for Daimler trucks, and employ 500 workers, Beta reported.

Yazaki company has agreed to invest nearly EUR 25 million in Serbia, and to hire 1,700 workers in the coming period, while its export target is some EUR 120 million.

Mercedes-Benz comfortable in Turkey: Executive

Mercedes-Benz Türk is closely following fluctuations in the Turkish Lira, but these fluctuations have not affected the company's investment plans in the country, a senior executive said at an event to mark the 20th anniversary of the opening of the Mercedes-Benz Türk bus factory in the Istanbul district of Ho?dere.