According to Serbian Economist, Chinese automaker Chery is discussing with the Serbian government the possibility of opening a production plant in Serbia. In Shanghai, Serbian Deputy Prime Minister and Economy Minister Adriana Mesarovic held talks with Chery Chairman Yin Tongyue, the parties discussed the conditions of potential localization and further steps, Serbian publication Telegraf reported, citing Mesarovic’s statement.
According to the minister, Serbia’s status as a “gateway to Europe” and the free trade agreement with China create additional opportunities for investors, including access to a number of trade agreements when localizing more than 51% of the value added of products. Mesarovic also said that she expects Chery’s head to visit Belgrade to continue negotiations.
Specific parameters of the investment project, terms and location were not disclosed.
In 2025, Serbia has already announced a project for the construction of an electric car plant of Chinese JMEV in Sremska Mitrovica with export orientation to the EU market. Against the backdrop of the expanding presence of Chinese carmakers in the region, Chery is developing its European sales network and localization initiatives in parallel.
https://t.me/relocationrs/1699
