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YURA, contract construction car part factory in Nis

16. August 2010. | 07:49

Source: ANSAmed

The city of Nis and the South Korean Yura Corp signed on Thursday a contract on free use of six hectares of land for the construction of a car part factory in Nis.

The city of Nis and the South Korean Yura Corp signed on Thursday a contract on free use of six hectares of land for the construction of a car part factory in Nis.

Yura was given free use of the land for the period of 99 years, to construct a factory which will produce electrical installations for cars.

The construction of the company should begin next week, and be finalized in one year. It will employ around 1.500 people.

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