site.btaLeading Japanese Company in Automotive Sector to Invest in R&D Centre in Sofia

Nidec, one of the biggest companies in Japan manufacturing automotive electronic devices, plans to have an R&D centre in Sofia. The initial investment in the new facility will be USD 3.5 million and 100 engineers are expected to be hired in it by the end of the year, it emerged at working meetings between outgoing Innovations and Growth Minister Daniel Lorer and Philippe Marquet, E-Drive Industrialization Director at NIDEC, Lorer's Ministry said in a press release.