Nidec ASI announces partnership with Russian Electric Motors (REM, the joint-venture between Transneft and KONAR) in a euro125 million deal for the production and supply of 244 electric motors to the Russian oil giant to update and improve its current pipeline network of 80,000 km. The agreement with Nidec ASI includes the establishment of a new factory in Chelyabinsk, Russia and an increase in production capacity in Italy. (PRNewsFoto/Nidec ASI)
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