Japan's Yaskawa to invest up to 30 mln euros in new Slovenian factory

YASKAWA Electric

09/12/2019 16:42

LJUBLJANA, Dec 9 (Reuters) - Japanese electrical equipment
producer Yaskawa  6506.T  will invest between 20 million and 30
million euros ($22-$33 million) in an electromotor and
electronic component factory in Slovenia, the country's economy
ministry said on Monday.
    It said that Yaskawa, which already makes industrial robots
and their parts in Slovenia, plans to create some 155 new jobs
in the country by the end of 2022. 
    On Monday Yaskawa purchased a piece of land in Kocevje in
southern Slovenia where the new factory will be built.
    "This is a strong message to potential foreign investors
that Slovenia ensures a stable, stimulative and
development-prone environment for investments," Slovenia's
Economy Minister Zdravko Pocivalsek said in a statement.
    Yaskawa did not immediately comment.
    
    
    
    

($1 = 0.9073 euros)

 (Reporting By Marja Novak; Editing by Kirsten Donovan)
 ((Marja.Novak@thomsonreuters.com; +386-1-5058805, Reuters
Messaging: marja.novak.thomsonreuters.com@reuters.net))