# 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.

- Type: New facility
- Announced: 2024-03-18
- Where: Inđija, Serbia, Serbia
- Value: $55.6M (51.0M EUR)
- Jobs: 102
- Starts operating: 2025
- Status: under construction
- Products: motor cores
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [JFE Shoji Corporation](https://endata.com/companies/60644.md)

## Sources

- [ras.gov.rs](https://ras.gov.rs/en/jfe-shoji-serbia-center-for-automotive-and-electronic-industry-development-in-europe), 2024-03-18: "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](https://www.ras.gov.rs/jfe-shoji-serbia-center-for-automotive-and-electronic-industry-development-in-europe), 2024-03-18: "We are a Japanese trading company and one of the world's leading companies in the field of electrical steel for motors and transformers."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.