EXPERTISE

Kinstellar advises the Korean company Kyungshin Cable on new factory construction in Serbia

June 2020 – Kinstellar has successfully advised Kyungshin Cable, a leading company on the Korean automotive cable market, on the construction of a 12,000 m2 factory in the town of Smederevska Palanka, approximately 80 kilometres south of Belgrade. The investment is valued at over EUR 20 million.

The new factory will launch in 2021 and produce components for both traditional cars and electric cars and batteries. Kyungshin Cable has said that it plans gradually to employ up to 700 people at the new facility.

Kinstellar previously advised Kyungshin Cable on its entry to the Serbian market and on several design, build and technical supervision contracts.

Our team in Belgrade was led by Selma Mujezinović, Partner, and Ksenija Sorajić Baković, Associate, and included Andreja Vražalić, Senior Associate and Milan Radonić, Associate.

For more information please contact Selma Mujezinović, Partner, at

e-mail

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