76 LAWYER MONTHLY JUNE 2024 JFE Shoji’s €50 Million Investment in Serbia About the Deal JFE Shoji acquired a 10-hectare land plot in the Indjija industrial zone in Serbia and embarked in an EUR 50m greenfield investment. The new production plant is set up to produce rotors and electric motors for the global automotive brands. This project is aligning JFE Shoji Serbia with other prominent Japanese investors including Toyo Tires. This is another significant foreign investment in Serbia which also marks the expansion of JFE Shoji’s footprint in Europe. Gecić Law provided legal counsel to JFE Shoji with Miloš Petaković as the lead counsel on this project. www.geciclaw.com Transaction Interview Legal Advisor to JFE Shoji: Through strategic foresight and legal precision, we turn complex investments into opportunities for global and local economic synergy.
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