Friday, 31st October 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

The Minister Who Isn’t Human

When an Avatar Joins the Cabinet, Politics and Algorithms Collide In a world still debating AI’s limits, Albania simply acted...

Over 250 Workers Jobless After Kentaur Shuts Down Factory in Vranje

The Danish-owned company Kentaur Balkans has abruptly closed its factory in Vranje, Serbia, leaving around 250 workers without jobs....

Vučić Says Serbia Can Buy Russian Stake in NIS, but Moscow Prefers Third-Party Sale

The offer was made during a recent meeting with Alexander Dyukov, Chairman of the Board at Gazprom Neft, and...

Ferrari and Maserati Enter the Electric Vehicle Market

Ferrari unveiled its first fully electric car, the Elettrica, boasting over 1,000 hp, four in-house-developed electric motors, a 0-100...

Zuckerberg Predicts Mobile Phones Will Disappear by 2030

TThis is inevitable as new technologies like augmented reality (AR) glasses and virtual reality (VR) devices reshape how people...
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