China’s MINTH Holdings Limited is investing 950 million euros in the construction of new production facilities for the automotive industry in Leskovec and Cuprija, the office of Leskovec Mayor Goran Cvetanovic said today.
The first phase of the project in Leskovec is expected to create 1,000 jobs, and the entire investment cycle is expected to last five years, Beta reports.
The Memorandum of Understanding was signed the day before at the Serbian Government building by the Mayor of Leskovec Goran Cvetanovic, the Minister of Economy Adriana Mesarovic and representatives of MINTH.
MINTH Holdings was founded in 1992 in China and is headquartered in Ningbo.
MINTH is one of the world’s top 100 auto component manufacturers and supplies products to leading automakers: BMW, Mercedes-Benz, VW Group, Tesla, Honda, Toyota, Nissan, Ford, etc.
The company specializes in the production of aluminum, plastic and composite body parts, trim panels, frames, roofs and interior parts. It has plants in China, the USA, Mexico, Germany, Thailand and, since 2018, in Serbia (Loznica).
MINTH is already active in Serbia, producing components for the world’s leading automakers. The new investment confirms the strengthening of industrial cooperation between Serbia and China in the field of high-tech production.
Why Serbia?
– Geographical advantage: Serbia is located at the crossroads of supply between the EU and Asia, making it a logistically convenient base.
– Duty-free access to the EU, EFTA, Turkey and EAEU markets under a number of agreements.
– Low costs: labor costs are lower than in Eastern Europe and Turkey.
– Stable investment cooperation with China: including the One Belt, One Road initiative and Serbia’s participation in the China-Central and Eastern Europe (17+1) format.
The importance of the project for Serbia
– Employment growth in southern Serbia, a region with traditionally high unemployment.
– Diversification of industry with a focus on high-tech production.
– Deepening Chinese presence in the economy – not only infrastructure, but also the real sector.
– Industrial transformation of Leskovets, which was historically a textile center but has lost industrial momentum in recent years.
Risks and challenges
– Dependence on one large investor at the regional level
– Possible dominance of China in strategic sectors, including through subsidies and tax preferences
– The need to ensure infrastructure readiness (electricity, water, roads), which will require efforts from local authorities and the state budget
The MINTH project is not just a local plant, but a strategic element in the supply chain of the global automotive industry. For Serbia, this is an opportunity to strengthen its position on the industrial map of Europe and grow from a subcontractor territory into a European production hub.
Source: https://t.me/relocationrs/1198
Alexander Usyk won the title of undisputed world champion by defeating Daniel Dubois by knockout in the fifth round of the fight.
The fight was for the WBA, WBC, IBF, and WBO undisputed heavyweight world titles. It was a rematch: the boxers first met in the ring in August 2023, when Usyk knocked out Dubois in the ninth round. Usyk regained the IBF title, which he had been forced to relinquish because he was unable to defend it at the time, and defended his titles in the other three divisions.
In the first half of 2025, DTEK Energy invested approximately UAH 4 billion in repairs and restoration of thermal power plants damaged by massive attacks, which is more than in the whole of 2024, when UAH 3.6 billion was invested, according to the DTEK Communications Department.
According to its release on Friday, during this year’s ongoing repair campaign, a significant amount of work has already been completed, although there is still a lot of work to be done this year and next.
“Our energy workers are restoring not only equipment, but also confidence in the continued reliable operation of thermal power generation and the power system as a whole.
Electricity is the foundation of everything, and we are doing everything possible to ensure that there is enough of it even in the most difficult moments,” commented Alexander Fomenko, CEO of DTEK Energy.
It is noted that since the beginning of the full-scale invasion of Ukraine, Russia has already struck DTEK’s thermal power plants 205 times. In total, last year, the energy infrastructure survived 13 large-scale attacks. Since February 2022, 56 power plant workers have been injured and four killed in shelling of DTEK Energy’s thermal power plants.
As reported, on the night of July 18, during the shelling of the Dnipropetrovsk region by Russian occupiers, a Ukrzaliznytsia train driver was killed and a DTEK locomotive driver was wounded.
Oleksandr Usyk won the undisputed world title by knocking out Daniel Dubois in the fifth round of their fight.
The fight was for the undisputed world heavyweight title according to the WBA, WBC, IBF, and WBO. It was a rematch: the boxers first met in the ring in August 2023, when Usyk knocked out Dubois in the ninth round. Usyk regained the IBF title, which he was forced to relinquish because he was unable to defend it at the time, and defended his championship in the other three versions.
“I want to thank all of Ukraine, all the guys who are defending our country. I received many messages from various units defending Ukraine,” Usyk said after the fight.
In June 2025, Ukrainian citizens ranked second among foreign nationals in terms of the number of properties purchased in Turkey. This is evidenced by recent data from the Turkish Statistical Institute (TÜİK). According to the published information, Ukrainians purchased 111 properties, second only to Russians, who traditionally remain the main foreign investors in the Turkish housing market, with 326 transactions per month.
Iranian citizens came in third place (109), followed by Iraq (97), Germany (95), Azerbaijan (71), Kazakhstan (66), China (54), the United States (41), and Palestine (40).
Experts attribute the growing interest in Turkish real estate to the following factors:
Visa-free travel and well-developed air links between Ukraine and Turkey;
Relatively low entry threshold: housing prices in Antalya, Alanya, and Mersin remain attractive compared to the European market;
The possibility of using housing as a means of preserving capital and as an evacuation address in the context of the ongoing war.
In addition, in June, Turkey saw an influx of buyers from Ukraine due to the active tourist season and investors seeking rental income in foreign currency.
Despite an overall decline in real estate purchases by Russians compared to the peak values of 2022–2023, Russians once again became the largest foreign buyers in Turkey in June 2025. This confirms the continuing trend of relocation, including permanent or temporary residence, against the backdrop of Russia’s international isolation.
Given the current geopolitical conditions and the attractiveness of the Turkish market, Ukraine may maintain its high position in the ranking of foreign buyers of real estate in Turkey in the coming months. At the same time, interest from Central Asian and Middle Eastern countries is also expected to pick up.
Overall, Turkey remains one of the leading destinations for real estate investment among citizens of the post-Soviet space.
