Harrison Solicitors has advised the Yazaki Corporation on the investment agreement it signed with the Government of the Republic of Serbia, to produce cable kits for Daimler trucks in the Serbian town of Sabac. The first stage of the investment will amount to EUR 25.1 million and employ 1,700 workers.
Yazaki, based in Japan, is primarily engaged in the manufacture of electronic automotive components for cars and systems for power transmission.The company has manufacturing facilities in 44 countries, with nearly 280,000 employees globally. Yazaki Europe manages 33,000 employees and 18 production plants and five research and scientific centers in 21 countries. The company has several production facilities in Bulgaria and Romania. In 2014 the company reported revenues of USD 13.8 billion.
The Harrison Solicitors team advising Yazaki was led by Consultant Goran Martinovic with assistance from Consultant Lidija Labudovic.