Japanese group to invest EUR 125 mln in Romanian bearing plant
source: google maps
Japanese group JTEKT is to invest EUR 125 million in expanding production at its bearing factory, Koyo Romania, located in Teleorman, southern Romania.
The factory will become a supplier for the Toyota plant in the Czech Republic, according to Romania-inisder.
Koyo Romania is currently the largest company in Teleorman County, with a turnover of EUR 77.7 million in 2018 and almost 1,500 employees, according to business paper Ziarul Financiar.
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