Saturday, 30th August 2025

IMS Gear Chooses Osijek for New Plant, Boosting Regional Jobs

The Croatian city of Osijek has recently embarked on a major business initiative, with IMS Gear, a manufacturing giant, making significant investment commitments. 

The city officials of Osijek and the board of the internationally renowned IMS Gear, a mainstay in the global power transmission and gear segment, have legally finalized the long-awaited project. 

IMS Gear, which is actively running facilities in several top-imperative countries, such as Germany, the United States, Mexico, and China, and playing a dominant role in the auto and various component development businesses, ratified an establishment of a distinct facility in Osijek. This took formal shape upon the dexterous purchase of a 33,000 square meter property in Nemetin’s trade segment for a deal where the affixed price of €1.1 million shrewdly overleaped the land’s asking fee. 

As a distinctly formative appanage of this subject, Mayor Ivan Radić, a manifolding lynchpin in these state-of-the-art team talks, shed light on the zone’s projected reformation and pragmatic leveragings. The mission integrates the potential of 250-300 career slots, pulsating expert enrichment in the town’s armature. 

A state-of-the-art outlay of €6 million by IMS Gear for this exceptional Boulevards-futuring estate ensures bounteous support to their parturient dynamic outline, one substantially webbing automobile activity in the southeastern domain of Europe. 

Cementing local furtherance, Osijek’s mayoral clan zealously proclaimed the Nemetin area’s corpsed prolusions, soliciting ancillary province of 36 hectares from the topologically concomitant ministry, a chapter conceived to elope into fruitional consummation considerably swiftly.

Fulcruming this upstanding scope, Wolfgang Weber, a mining charioteer on IMS Gear’s headship embarkment, enthusiastically poises this divergent decretum as the offshoot’s exclusive plant outside German fallows. 

Have a news tip or story to share? Email us at info@connectingregion.com

Photo sourceosijek.hr

Bosnian Arms Maker Reports Profit Surge

Bosnia’s defense industry is quietly strengthening. BNT TMIH, a state-owned arms manufacturer, announced a 71% rise in net profit...

Serbia Bets on AI to Transform Tourism Industry

Serbia’s Chamber of Commerce has opened applications for a landmark programme designed to drive artificial intelligence into the heart...

Končar Taps Hyundai Partnership to Power Asian Market Expansion

Croatia’s Končar – Motors and Electrical Systems has struck a major deal with South Korea’s HD Hyundai Electric, marking...

Serbia’s Digital Boom: IT Service Exports Hit €2.21bn in Just Six Months

Serbia’s IT sector is on a sharp upward trajectory, with exports of information and communication technology (ICT) services reaching...

Green Giant Docks in Koper: BYD Shenzhen Ushers in a New Era of Car Shipping

The Port of Koper welcomed a futuristic visitor last week — BYD Shenzhen, one of the world’s largest and most...
spot_img

Connecting the Adria Region Decision Makers

The Region is more than a publication - it's where the region's elite converge for insights and opportunities