Nidec Corporation

Japan’s Nidec Corporation to invest $1.8 billion to establish electric motor hub in Serbia

Shalini Kakkad 13 April 2021
Japan’s Nidec Corporation to invest $1.8 billion to establish electric motor hub in Serbia

Nidec Corporation, Kyoto, Japan-based manufacturer of electric motors, has announced plans to spend 200 billion Yen (US$1.83 billion) to set up a production hub in Europe to manufacture motors for