10.01.2023

HAINZL founds company in Serbia: HAINZL Motion & Drives d.o.o.

With 1.1.2023 a new company in the HAINZL group of companies will start operations: HAINZL opens in Belgrade the company HAINZL Motion & Drives d.o.o.; a joint venture with the Danfoss representative company Vladex, in which HAINZL holds the majority shares. The new sales team with currently six employees concentrates on sales and consulting of drive components.

HAINZL is thus consistently pursuing the path of advancing the internationalization of the organization. Serbia represents an emerging region with an industrial focus and is therefore very interesting for Motion & Drives components also for the surrounding countries North Macedonia, Albania, Kosovo, Montenegro, Bosnia and Herzegovina. The company is to be expanded step by step.

"We want to expand and grow our success in Motion & Drives internationally. We are pleased that with HAINZL Motion & Drives we can offer our competencies as drive technology experts to manufacturers in the machine, plant and vehicle construction industry in the emerging Southeast European markets."
Oliver Lüth (Business Unit Manager HAINZL Motion & Drives)

In the picture from left to right: Danijel Stojanović - Business Unit Manager, Vladimir Milojević - Managing Director, Oliver Lüth - Managing Director, Nikola Sugaris - Attorney at Law

You can find more information about HAINZL Motion & Drives here.