MAYOR MIĆIN VISITED THE SHAC AUTOMOTIVE INDUSTRY R&D CENTER IN SHANGHAI

Today in Shanghai, Novi Sad Mayor Žarko Mićin met with SHAC Automotive Industry Deputy General Director Gong Min and toured the company's R&D facility, which is putting 40 million euros into establishing a manufacturing facility in Novi Sad.

During the conversation and tour, Min informed Mayor Mićin that SHAC has 16 facilities, collaborates with the top auto sectors, and is establishing its first European factory in Novi Sad. As previously stated, the factory is anticipated to be operational by the end of 2025, with the initial serial delivery to European clients scheduled for the first quarter of 2027. The initial phase will encompass 19,000 square meters, with the potential for increasing the capacity to 30,000 square meters in later construction phases.

- Mr. Gong Min informed me that the first phase of the factory in Novi Sad would employ 200 people, 20% of whom would be secondary school graduates and 50% of whom would be highly trained professionals. The factory will help Novi Sad's economic potential grow and boost the city's GDP and local government income while also creating employment for 200 of its citizens. Novi Sad is also a home to the factories of the German automotive powerhouse Continental. I am certain that Novi Sad's status as an investment hub for the growth of the automotive industry will be enhanced by further collaboration with well-known companies like SHAC – said Mayor Mićin.

Mayor Mićin ends his business trip to China with a trip to the SHAC company.

Novi Sad, 25th May 2025