The Japanese Daido Company, founded in 1939, had bought majority of shares of the Factory of Ball Bearings - now called Daido Metal Kotor. The Japanese investor has made â¬9 million of investment in the company to date. Daido is a world leader in lubricated bearing production (used for automobiles, shipping and other industries), with the capital of $3.8 billion and 1,260 employees. Daido Global Network is present in Europe, Asia and North America. Daidoâs plan for the next 10 years is to reach â¬130 millions in sales in the European market.