Bojović Drašković Popović & Partners advises Turkish company Feka Automotive on acquisition of the land to build car components plant in Ćuprija – Investment worth over EUR 11 million, jobs for 130 people

Turkish company Feka Automotive, which produces car parts, signed on 24 April 2019 the agreement on acquisition of the land of 40,000 m2 with Municipality of Ćuprija, for the purpose of construction of a production plant for car components in Ćuprija of 10,000 m2.

The investment is worth over EUR 11 million, and more than 130 workers will be employed.

Feka Automotive is a family company which has been producing parts and components for the auto-industry for 30 years now, primarily lighting signalization, interior lights, rear view mirrors and water tanks.

The BD2P team which advised on the transaction was led by partners Uroš Popović and Ivan Gazdić together with senior associate Mario Kijanović.