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.