Panasonic starts production of energy-efficient electronic devices for lighting equipment in Svilajnac in January 2011

Panasonic arrives in Svilajnac. That company announced today that it would start the production of electronic components for lighting equipment in a production hall at 2,250 square meters in January 2011.

In November 2010, Panasonic Electric Works Vossloh-Schwabe GmbH, with the head office in Lüdenscheid, has established a new company in Svilajnac, to manufacture energy-efficient electronic devices for lighting equipment. The new company is named Panasonic Electric Works Vossloh-Schwabe Serbia d.o.o.

The investment amount in the financial year 2010 is approx. EUR 580,000. Mass production will commence in January 2011, to enhance lighting device business in Europe, where energy efficiency improvement efforts are well under way.

The new company is a wholly owned subsidiary of Panasonic Electric Works Vossloh-Schwabe GmbH (PEWVS) that manufactures and sells lighting devices.

Panasonic Electric Works, Japan acquired PEWVS to make the company a subsidiary in 2002. The capital of the new company is EUR 1 million. Establishment of the new company is intended to enhance production capabilities of electronic ballast production in the Republic of Serbia.

This is the first time the Panasonic Group has launched a manufacturing facility in the Republic of Serbia. In Europe, ErP Energy-Related Products Directive is expected to drive the shift in demand from incandescent lamps to fluorescent lamps and LEDs, thereby increasingly requiring electronic control of lighting devices.

Panasonic Electric Works Vossloh-Schwabe will first give priority to upgrading electronic ballast production capabilities, with a view to developing its business in LED devices, in
an effort to further expand the energy-efficient lighting devices business in Europe.

The President of Panasonic Electric Works Vossloh-Schwabe Serbia, with the head office in Svilajnac, is Dirk Pophanken, and the company is expected to employ 60 people.

Vossloh-Schwabe Serbia d.o.o. Kušiljevo

Opština Svilajnac