In a striking endorsement of Serbia’s burgeoning role as a new European tech nexus, the German lighting giant, Siteco, has unveiled its latest design engineering center in Belgrade. This move, announced by Marko Čadež, President of the Serbian Chamber of Commerce, following discussions with Ivan Lazarević, Siteco’s General Manager for Serbia, underscores the company’s ambitious strategy on the Serbian market.
Hailing from the Bavarian city of Traunreuth, Siteco’s expansion into Serbia is not just a testament to the continuous global corporate interest in the country but also a clear signal that Serbia is increasingly being recognized as a hub with vast technological potential. This recognition comes amidst a new wave of investment in the country, poised to revolutionize its infrastructure, industrial, sports, and expo facilities with cutting-edge exterior lighting solutions.
The establishment of Siteco’s design engineering center in Belgrade is poised to play a pivotal role in the company’s operations, especially in equipping various facilities with state-of-the-art and high-quality outdoor lighting products. This development not only enhances Serbia’s appeal as a destination for high-tech investments but also promises to contribute significantly to the local economy and technological landscape.
As Serbia continues to attract global names and foster a conducive environment for technological advancement, the arrival of Siteco’s engineering prowess marks a significant milestone in the country’s journey towards becoming a key player in the European tech arena.