Friday, 10th October 2025

Modine Expands Serbian Operations with New Facility

Modine has inaugurated a new 18,000-square-metre production facility in Sremska Mitrovica, Serbia, bolstering its manufacturing capacity and local employment

Modine, a global leader in thermal management technology, has inaugurated a new 18,000-square-metre production plant in Sremska Mitrovica, Serbia, marking a significant expansion of its decade-long presence in the region. The opening ceremony featured U.S. Ambassador to Serbia, Christopher Hill, alongside Modine’s General Manager Neil Brinker and Serbia General Manager Dejan Nestorović.

The new facility represents a substantial investment of over EUR 27 million and is expected to significantly boost the local economy, with projections suggesting an annual export value exceeding EUR 100 million within the next three years. The expansion will also see the company’s local workforce double to over 700 employees.

Ambassador Hill highlighted the positive business climate in Sremska Mitrovica, praising the long-term viability of the products that will be manufactured there. Nestorović reaffirmed Modine’s commitment to continuous improvement and eco-friendly solutions, which have been a cornerstone of the company’s operations for over a century.

Brinker emphasized that the company’s focus on innovative heating and cooling solutions enhances everyday products for global consumers. This new facility in Serbia specializes in the production of heat exchangers for heat pumps, underscoring Modine’s commitment to advancing energy-efficient technologies.

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

Photo sourcesrbija.gov.rs

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...

ProCredit Launches ProConnect Platform

The platform is the first of its kind in the region, offering firms the ability to present their products...

Switzerland Tops Global Innovation Ranking, China Enters Top 10

China has entered the top 10 for the first time, taking the 10th spot and replacing Germany, which fell...

Meta, Google, Microsoft Pay Top AI Experts Up to $300K

Meta, Google, and Microsoft offer top researchers up to $300,000 annually—and up to $1.5M over four years. Meta recently...

World First: Albania Elevates AI to Ministerial Rank

In a world first, Albania has appointed an artificial intelligence system to ministerial rank. Prime Minister Edi Rama announced...
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