Nidec Holds an Event to Announce Its Decision to Open New Factories and Launch of Business in Serbia
April 11, 2021 19:30 ET
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Nidec Corporation
Nidec Corporation
Kyoto, JAPAN
KYOTO, Japan, April 12, 2021 (GLOBE NEWSWIRE) -- Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) today announced that it has decided to open new factories in the city of Novi Sad in the Republic of Serbia (“Serbia”), and that it has held an event to announce the launch of business in the country.
1. The event to announce the launch of business in Serbia
At today’s event, held at the office of president, Serbia, and attended by President Aleksandar Vučić, Mayor Miloš Vučević of Novi Sad, and Japanese Ambassador to Serbia Takahiko Katsumata, among others, the Company announced its plan to launch business in Serbia.