The actors in the local computer and electronics industry have invested in the opening of many plants and R&D centers over the past decade, which turned Romania into a top ten supplier of home appliances for Europe. The results of the investments are showing in figures, but there is still room for growth.
“I am confident Romania will be able to position itself as a European hub of innovation and research over the next decade (…),” the executive said.
Arctic is the largest home appliances manufacturer in Romania, and has two plants, one of which makes refrigerators and the other washing machines. Its owner has been Turkey’s Arcelik Group for more than two decades, one of the largest home appliance manufacturers in Europe, whose brands include Beko and Grundig.
(English version by Loredana Fratila-Cristescu)