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Slovenia: Japan's Yaskawa announced new investment

The goal is to create jobs, government is satisfied with plan

15 May, 20:16
(ANSA) - LJUBLJANA, MAY 15 - Yaskawa Electric Corporation, the world's largest manufacturer of industrial robots, has signed an agreement with the Slovenian Ministry of Economic Development and Technology and with the municipality of Koevje, in south east of the country, for an investment aimed at further expanding the production facilities whose foundation stone was laid a year ago. This new investment should employ up to 250 people and is worth between 20 and 30mn euros, with a state aid amounting to 5.6 million euros. The goal of the Japanese company is to produce 6,000 robots per year by 202, and set up a research and development centre in order to improve cooperation with the engineering faculties of the University of Ljubljana. Japan's giant, specializing in electric motors and industrial automation products, signed an agreement in March 2017 to build the first industrial robotics factory in Europe in the Pokolpje region, not far from the border with Croatia. Through this new investment, Yaskawa will provide up to 500 jobs in a region that until recently had one of the highest unemployment rates in Slovenia. (ANSA).

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