The new facility will require an about EUR100 million investment, and Arctic will use part of its profits to pay for it, while also seeking EUR37.5 million state aid.
“Arctic SA filed the papers to get a zoning permit to build the washing machine and dishwasher plant, product warehouse, labs, offices, cafeteria, parking lot (…),” Adrian Dumitru, vice-chairman of the Dambovita County Council told ZF.
The manufacturer will hire up to 2,500 people for this plant, he added. Arctic will therefore grow to 5,500 employees in Romania.
Arctic officials did not return ZF’s calls for comment on when the construction of the plant should begin or about its production capacity. It is the largest company in Dambovita County and also the largest employer.
Arctic currently manufactures only refrigerators and freezers in Romania and its plant in Gaesti has a 2.6-million-unit production capacity, which makes it the biggest in mainland Europe and the second largest on the continent, after the Eskisehir plant its owner, the Arcelik Group, has in Turkey.
(English version by Loredana Fratila-Cristescu)