The Mayor of Nis, Zoran Perisic and directors of Johnson Electric , Lauren Cardon and Michael Friedrich, signed the contract today in Nis,ceding the land in public ownership to Hong Kong company,without compensation, which is an investment worth between 15 or 20 million euros.
After the signing, the Mayor Perisic said the factory will employ about 1,000 workers and that factory will open in June, next year.
In the factory in Nis, Asians will produce electrical components for cars intended for the market of Western Europe.
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