Japan’s Nidec starts construction of a factory worth EUR 250 million in Serbia

BizLife 13.12.2021  |  Beta
Japan’s Nidec starts construction of a factory worth EUR 250 million in Serbia

For one of the highest investments in Serbia, worth around EUR 250 million, the Government of Serbia has given provided of 8.9 million euros.

The laying of the foundation stone for the factory, which should be opened next year, was attended by Serbian President Aleksandar Vucic, Nidec Corporation’s CEO Jun Seki, Japanese Ambassador to Serbia Takahiko Katsumata and Nidec Factory Director in Serbia Marko Ivovic. Vucic said that the arrival of Nidec, which produces the best electric motors in the world, was a fantastic success for Serbia. “When Nidec comes to Serbia, it means that we have made progress,

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