The European Bank for Reconstruction and Development (EBRD) is enhancing the capabilities of the Serbian automotive industry by providing a €15 million loan to Feka Automotive. This funding is aimed at boosting the production capacity and operational efficiency of Feka, a prominent Serbian producer of automotive lighting with key supply contracts with global car manufacturers such as Toyota, Volkswagen, and Stellantis.

Feka Automotive plans to utilize the loan to erect a new, energy-efficient production facility adjacent to its main manufacturing site near Cuprija, central Serbia. This initiative is part of a broader strategy to expand the production of reliable automotive lighting devices for the international market. Additionally, the investment will cover the cost of installing rooftop solar panels and incorporating new advanced, energy-efficient production lines and equipment.

The construction of the new facility is geared towards achieving a B-rated energy performance certification, surpassing the national standards for energy efficiency. This aligns with Feka’s goal to significantly cut energy use through the adoption of cutting-edge production technology, enhancing both energy and production efficiency.

This investment underscores the EBRD's commitment as a leading institutional investor in Serbia, with more than €9 billion invested across 353 projects, primarily supporting the private sector. The bank continues to focus on promoting private-sector competitiveness, advancing the green-energy transition, and developing sustainable infrastructure within the country.