Siemens mulls relocating some wind turbine production capacity to Serbia - report

German engineering group Siemens is considering relocating some of its wind turbine production capacity to its already existing manufacturing site in Serbia, Belgrade-based media reported on Monday.

The company will continue to grow in Serbia and to create new jobs here, news agency Beta reported, quoting the director general of Siemens' Serbian unit, Udo Eichlinger.

"At the beginning of next year we should announce some good news," Eichlinger said, giving no further details.

Siemens plans to employ an additional 220 workers in Serbia, raising its headcount there to 1,500.

Eichlinger said that the Siemens factory in Subotica, in northern Serbia, is the fifth biggest unit for large wind turbines that the company owns and that there are plans to make it its largest.

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