Author:
Tanjug
This memorandum envisages another investment of Johnson Electric in the amount of €50 million and the employment of another 2,400 workers.
The signing of the memorandum was also attended by Prime Minister Aleksandar Vucic, who pointed out that in several years this will be the largest factory in Serbia, adding that this is the first big and good news for the citizens of Nis after many years, and that there will be more in the coming period.
Vucic said that he is particularly happy that the company chose Serbia and Nis to open its production plant there, and because the Serbian government participated in this and invested €6,750,000.
Another positive thing is that Johnson Electric has established cooperation with the technical school and the Universities of Nis, stating that in the coming period the state will work on cooperation between the economy and the education system.
Author:
Tanjug
The Prime Minister said that investments will continue not only in the Nisava District, but also in the Toplica, Jablanica, Pcinja and Pirot districts.
We need projects, Vucic said, adding that there is money for investments, and that the Serbian government will not be one day late with its obligations under the agreement with Johnson Electric.
Johnson Electric, which specialises in manufacturing motors, solenoids, switches, flexible circuits and microelectronics, signed its first contract with the Serbian government in late 2013, which involved an investment of €15 million, a building of 10,000 square metres and employment of up to 1,000 workers until mid-2016.
Johnson Electric is a global company headquartered in Hong Kong and employs more than 30,000 people in over 30 countries worldwide.