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Nidec, invited at the 2024 Choose France Summit, announces investments up to €17 million in France

Nidec Phase 2 - Insertion 01

The construction of a new production plant has started near Saint-Etienne (East of France)


Milan, Versailles, 13 May – Nidec was invited to participate in the 7th edition of the Choose France Summit, which took place on Monday 13 May in Versailles. This flagship event organised by the French government and Business France – in charge notably of foreign investments in France – gathered this year near 200 CEOs of foreign companies planning to invest in France.

Nidec commits to invest up to €17 million in France, to set up a new production plant in the region of Saint-Etienne to increase the production capacities of the company. Nidec Conversion in France, currently based in Roche-la-Molière, will now be located nearby in La Fouillouse by 2025. This new plant will enable Nidec to centralise its locations, as it will welcome the production site, as well as administrative offices and engineering departments. This new plant will generate 115 jobs.

This necessary extension of Nidec’s capacities in France results from a growing demand on the world decarbonation market and the need to be more competitive. The energy transition has indeed increased significantly the demand of products manufactured by Nidec, such as battery energy storage systems, but also EV-chargers and converters. With this investment, Nidec demonstrates more than ever its commitment to accelerate the global energy transition and to its longstanding presence in France.

What is more, this new plant is designed to be entirely carbon-neutral, thanks to integrated solar and geothermal energy technologies.

With this new facility, Nidec will be able to greatly expand its activity to answer to the growing demand of electrification technologies worldwide” said Dominique Llonch, CEO of Nidec Conversion. He added: “I want to thank our local teams for their daily commitment for the success of Nidec technologies designed and manufactured in France.”


Nidec Conversion offers complete, customized electrical systems for energy efficiency in all fields. Its target markets are petrochemical, traditional and renewable energy, steel, marine and industrial automation. The multinational company specializes in heavy-duty applications with electric motors and generators up to 65 MW power (87,000 hp), electronic power converters and inverters, automation and software for industrial processes, and the retrofitting of power plants and hydroelectric generators. In addition, the company has strong know-how in the field of integrated systems for the production and storage of electrical energy (i.e. BESS) from renewable sources and their integration into electricity grids, as well as in the design and implementation of infrastructures for recharging electrical machines. Nidec Conversion is also able to offer optimized technologies for motor control and to develop automation solutions for specific applications, customized to the client’s needs.