johnson electric

Johnson Electric factory in Niš faces workforce reductions and subsidy repayment after contract changes

The "Johnson Electric" factory in Niš, initially promising to hire 3,400 workers, has seen multiple adjustments to its employment commitments over the years. The factory’s original contract, signed in 2016 with government backing of 19.2 million euros, set high expectations for job creation. However, this commitment has been revised several times, with the most recent amendment in late 2024, reducing the factory’s workforce target to 1,550 employees by 2027. In the original agreement, the company pledged to employ at least…