ATB planning to move part of production from Austria and Germany to Serbia – Electric engine manufacturer announces new employments in Subotica

Immediately following the holidays, Subotica's ATB Sever, as announced, will employ ten engineers, and the company intends to become the research and development center of the entire ATB Group. The Chinese owner is also planning to make new investments – to move part of the production from Austria and Germany to Serbia, as said by the Chamber of Commerce of Serbia (CCIS) on the occasion of their visit to Subotica.

The president of the CCIS talked to the Regional Chamber of Commerce of Subotica with representatives of 50 companies about overcoming obstacles related to gray economy, VAT refunds, debt repayment deadlines, lack of qualified workforce and problems faced by transportation companies.

– The Chamber of Commerce of Serbia will support companies from Subotica, such as ATB Sever, in realizing their development and investment plans and overcoming the challenges they are facing in their business activities – said the president of CCIS, Marko Cadez.

ATB Sever Subotica, producer of electric engines and generators, is a member of ATB Group, which belongs to Shanghai's Wolong, also known as the Siemens of the East, which employs around 800 people in three factories in Subotica and Bor (ATB sever, Motoren Werke and ATB Fod), has 500 suppliers and is planning to increase the number of employees and expand its operations.

The Sever factory was bought for EUR 300,000 in 2005 by the Austrian concern A-tek and then absorbed within ATB Group. Following the bankruptcy of A-tek, the share in ATB Group was bought by Wolong in 2011.

ATB Sever d.o.o. Subotica

Privredna komora Srbije

ATB Fod d.o.o. Bor

Regionalna privredna komora Subotice RPK Subotica

A-TEC Industries AG Vienna

ATB Sever

Sever Subotica

ATB Group

ATB Group Wolong

Motoren Werke

ATB Fod

Fod Bor

CCIS

Chamber of Commerce of Serbia

Marko Cadez

Regional Chamber of Commerce of Subotica

A tek

Atek

engineering jobs

engineer

engineers

generators

intercompany engines and components

Wolong

Wolong Group