Swedish group Electrolux will invest 4.5m euros in its cooker plant based in Satu Mare, Romania. According to Electrolux Romania officials, the Swedish group’s investments total 14.3m euros, which were used to increase the production capacity, to protect the environment and to develop new products. Moreover, Hans Straberg, president of the Electrolux group, visited the Satu Mare-based plant this week. The Swedish company entered the Romanian market at the end of 1995, by setting up a sales unit in Bucharest. Electrolux bought the main stake in the company Samus SA from Satu Mare in December 1997. ZF
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Electrolux to invest another 4.5m euros
Swedish group Electrolux will invest 4.5m euros in its cooker plant based in Satu Mare, Romania. According to Electrolux Romania officials, the Swedish group's investments total 14.3m euros, which were used to increase the production capacity, to protect the environment and to develop new products