Draexlmaier to expand Romanian car parts plant under EUR 30mn project.

By bne IntelliNews November 4, 2011
German car parts producer Draexlmaier plans to expand the production capacity of its Romanian plant located in Satu Mare under a EUR 30mn investment project, Ziarul Financiar daily announced after the companys managers met PM Emil Boc. Draexlmaier operates three plants in Romania. The plant in Satu Mare will be expanded during 2012-2013, which will result in 1,000 new jobs. Draexlmaier has invested some EUR 200mn and has opened 12,000 jobs in Romania since it entered the country in 1993. Other car parts producers have also announced investments in Romania. Wiring producer Yazaki Europe opened a plant in Caracal to supply the Ford-owned car plant located in Southern Romania and the US Delphi is close to the official opening of the Iasi-based plant.

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