Business news from Ukraine

Business news from Ukraine

Serbia plans to launch new production facility for drone components in early October

2 October , 2026  

According to the Serbian business publication Parametar, construction of the first phase of a new plant to manufacture electric motors for drones is nearing completion in the village of Kotraža near Lučani. The equipment has already been delivered, some employees have been hired and are undergoing training, and production is expected to begin in early October.

In the first phase, the plant is expected to employ about 50 people; after the completion of all three phases, the workforce will grow to 60–70 employees. Earlier reports mentioned the possibility of expanding the workforce to 150 employees. The plant’s projected production capacity is up to 40,000 motors per month.

Businessman Milenko Kostić stated that the idea to establish the production facility came from Želko Mitrović. For the small town of Dragacheva, the project is significant not only from a technological standpoint: the plant is effectively being created as a new industrial employment hub in a rural area.

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