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IMI Receives Incentives to Set Up Production Facility in Serbia
March 24, 2017 | Integrated Micro-Electronics Inc.Estimated reading time: Less than a minute
EMS firm Integrated Micro-Electronics Inc. (IMI) has received grant incentives for financial support of IMI Nis from the Council for Economic Development of Serbia with regard to the implementation of the investment project related to the construction and operation of a production facility that aims to manufacture electronic goods located in the City of Nis, Republic of Serbia.
The Serbian regulation prescribes that the realization of the project will facilitate further development of the Serbian economy and will contribute to the overall improvement of the country's competitiveness as an investment location.
The agreement stipulates that the period of investment will be from 2017 to 2026.
The development of the facility is in line with IMI's strategy to strengthen its global footprint and to support the growing market for automotive components in the European region.
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