JAPAN: Mistsubishi Elec to Make Automotive Parts in Chzech Republic
Mitsubishi Electric Corp.(TSE:6503) announced Thursday that it will begin in February 2001 to produce electric parts for automobiles in the Czech Republic. To this end, the major electric machinery maker will later this month establish a wholly owned production subsidiary in the Czech Republic with 280 employees and capital of about 1.05 billion yen (US$9.8 million).
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