The Japanese company NIDEC holds a ground-breaking ceremony on the construction site of its new factory in Novi Sad. This will be NIDEC’s second factory in Novi Sad, the company known as a global leader in the production of electric motors.

Photo: City of Novi Sad

The NIDEC’s representatives led by the chairman of the Nidec Elesys Corporation Mr. Toshiki Saito, and the representatives of the City of Novi Sad and Major Miloš Vučević attended the ground-breaking ceremony of the second NIDEC project in the Industrial Zone North 4 in Novi Sad.

The construction of the first production plant started in December 2021, and it is expected to be finished soon. The project, as announced before, will employ around 1.000 workers.

“One of the Nidec Electric Motor factories is nearly finished and the installation of production equipment will begin in the autumn, and in the meantime, the decision was made that a NIDEC division –  Nidec Elesys Corporation – should also have a factory in Novi Sad”,  said the Mayor of Novi Sad Milos Vucevic, and added that the aim is for Nidec to also bring a third division to Novi Sad.

The chairman of Nidec Elesys Corporation, Toshiki Saito, pointed out that he hoped that the good relations between the two countries would be further improved with the opening of the new plant.

“Our aim is to become a parent company for the production of inverters for the whole SEE market,” said Toshiki Saito and emphasized the quality talent pool in the region of Novi Sad is something they are looking forward to cooperating with.

Nidec Corporation is a Japanese manufacturer and distributor of electric motors and related products. The Nidec Corporation operates in 40 countries and employs over 114.000 people.

Photo: City of Novi Sad