Panasonic to launch production in January

Panasonic has announced that the production in Serbia should start on January 10, 2011.

Izvor: Tanjug

Thursday, 30.12.2010.

09:48

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Panasonic has announced that the production in Serbia should start on January 10, 2011. The Japanese company established a new company in Svilajnac, central Serbia, in November to manufacture energy-efficient electronic devices for lighting equipment. Panasonic to launch production in January Panasonic named the company in Svilajnac Panasonic Electric Works Vossloh-Schwabe Serbia d.o.o. “The 2,250 square meter factory has been completed, the machines installed, and 65 workers employed,” Svilajnac Deputy Municipal President Predrag Milanovic told Tanjug. He pointed out that Panasonic would not launch the production on January 1, as it had been announced earlier, due to Christmas holidays, and noted that the factory's management, headed by CEO Klaus Breisch, would come to Svilajnac on January 8. The investment amount in the financial year 2010 is approximately EUR 580,000 and the capital of the company is EUR 1mn, it was noted in the overview of the new company in late November.

Panasonic to launch production in January

Panasonic named the company in Svilajnac Panasonic Electric Works Vossloh-Schwabe Serbia d.o.o.

“The 2,250 square meter factory has been completed, the machines installed, and 65 workers employed,” Svilajnac Deputy Municipal President Predrag Milanović told Tanjug.

He pointed out that Panasonic would not launch the production on January 1, as it had been announced earlier, due to Christmas holidays, and noted that the factory's management, headed by CEO Klaus Breisch, would come to Svilajnac on January 8.

The investment amount in the financial year 2010 is approximately EUR 580,000 and the capital of the company is EUR 1mn, it was noted in the overview of the new company in late November.

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