Lighting products plant worth 15m euros
Austrian group Zumtobel, one of the world''s leading players in lighting products industry, will invest 15 million euros in the next six months in building a plant in Curtici Arad Free Zone. Works on the production facility will start this month and are due to be completed in September
Austrian group Zumtobel, one of the world”s leading players in lighting products industry, will invest 15 million euros in the next six months in building a plant in Curtici Arad Free Zone. Works on the production facility will start this month and are due to be completed in September. “The Austrian company got a 73-year concession of a 5-hectare plot of land, with the plant to have a two-hectare surface area. The reason for choosing the Arad area was due to its closeness to the western border, as well as the infrastructure opportunities it provides,” Mircea Pavel, general manager of the Free Zone told ZF Transilvania. According to him, Zumtobel will manufacture lighting objects as finished products, with components to be brought from different locations within the group. “The company may extend its production facilities over the next few years, given that the surface of the land conceded allows for this to happen,” Pavel added. Zumtobel owns production facilities in Europe, North America, Australia, Asia and sales centres and consultancy centres in almost 100 countries. ZF
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