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New Automotive investment in Serbia

Friday, 29/06/2012

Magna Seating Chomutov, a unit of Canada's Magna International, has been granted free of charge land in Serbia's Odzaci for the construction of a plant for car-seat covers, the Vojvodina Investment Promotion (VIP) agency said on Thursday.

The agreement on the transfer of the land title was signed by Odzaci mayor Predrag Cvetanovic and Magna Seating Chomutov director Libor Chytry, the VIP said on its website.


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