Speaking at the EY Attractiveness Survey Romania 2021 videoconference, organized together with Ziarul Financiar, Buyukerk said Romania is the Group’s second largest investment, after Turkey, and also the second largest market. Buyukerk added that Arctic has three brands in Romania, namely, Grundig, Beko and Arctic, and wants to invest in several factories in Romania in the future.
“We have invested in the factory in Ulmi over the last three years and we shall double the production in one year, to approximately two million units from one million units.”
Arctic has two factories in Romania, in Dambovita County, one in Gaesti that makes refrigerators and one in Ulmi that makes washing machines.