De’Longhi will open another factory in Romania
Italian group De’Longhi, manufacturing coffee machines and other home electronics, has bought a 25,000 sqm industrial platform in Madaras, Bihor County, in western Romania, where it will open a new factory, local media reported citing a company release.
Photo by Anna Gawlik/Shutterstock.com
De’Longhi said it will employ more than 500 people in the new location.
The company already has a factory in Jucu, near Cluj-Napoca, which started operating in 2012 and reached a turnover of RON 1.2 billion (EUR 255 million) and had more than 2,100 employees in 2018, Romania-insider says.
Lenders' Home Loan Outlays at HUF 344 bln in H2 2023
Gov't Awards HUF 6.5 bln of Subsidies to SMEs in Underdevelo...
Hungary's Largest ESG Consultancy Formed by Merger of EY, De...
Hungary Launches HUF 15 bln Tourism Sector Support Program
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
