JFE Shoji begins construction of motor core factory in Inđija, Serbia

Japanese company JFE Shoji held a groundbreaking ceremony for a factory producing motor cores in Inđija, Serbia. The investment exceeds EUR 51 million and will create 102 jobs, with production scheduled to start in 2025.

“We are a Japanese trading company and one of the world's leading companies in the field of electrical steel for motors and transformers.”ras.gov.rs

• 2 sources
• ras.gov.rsJFE Shoji Serbia - Center for Automotive and Electronic Industry Development in Europe | RasMar 18, 2024
• ras.gov.rsJFE Shoji Serbia - Center for Automotive and Electronic Industry Development in EuropeMar 18, 2024

Summarized from public sources; check the original articles before acting on it.