PPM Group to open new factory in Zrenjanin, Serbia

Chinese-based PPM Group has announced the expansion of its European production capacity with the opening of a new facility in Zrenjanin, Serbia. The new plant will cover 10,000 square meters, with the potential to expand onto a 24,000 square meter plot.

The company plans to begin the first phase of production in April 2027, with a second phase scheduled for November 2027. The facility is located approximately 50 minutes from Belgrade airport and aims to provide localized, flexible, and competitive supply to European customers.

PPM Group is a global manufacturer of high-precision automotive components and assemblies, including parts for drivetrain, transmission, braking, steering, and electric drive systems. The group currently operates production centers in Shenzhen and Wuhan, China, as well as in Mexico and Germany, and employs over 1,600 workers.