Japanese company starts construction of a 50-mln-EUR factory in Inđija

The Japanese company JFE Shoji Corporation has started building a factory for the production of metal parts for electric motors in Vojvodina’s town of Inđija. Around EUR 50 million will be invested in the factory.

The plan is for up to 150 people to be employed in the first phase and for production to start in early 2025. The factory grounds span 18,000 hectares of land and this is JFE Shoji’s first European plant.

The groundbreaking ceremony was attended by the Serbian President, Aleksandar Vucic, the Japanese Ambassador, Akira Imamura, the Serbian Minister of Internal and External Trade, Tomislav Momirovic, the Assistant Minister for Dual Education, Gabrijela Grujic and the president of the Municipality of Indjija, Vladimir Gak.

On the occasion, Vucic said that the Serbian government gave a EUR 2.86 million subsidy to the Japanese company to build the Inđija factory. He thanked Ambassador Akira Imamura for working on Tokyo and Belgrade becoming closer and to Japanese companies becoming interested in doing business in Serbia.

The executive vice president of JFE Shoji Corporation, Yoshitsugu Kobayashi, said that the latest technologies used by the company would contribute to the development of the automotive and electrical industries in Serbia and Europe.

JFE Shoji was founded in 1954 and employs over 8,500 people in over 54 production plants and branch offices in countries in Southeast Asia, China and North America.

(NS Uživo, 18.03.2024)


This post is also available in: Italiano

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