WASHING MACHINE
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Romania Loses Over EUR100M Investment from Bosch
Germany’s Bosch group has dropped plans to build a washing machine plant in Simeria, Hunedoara County, which would have required a EUR110 million investment.
Arctic Headed to EUR1B Revenue Once Its Two Plants Operate at Capacity
Home appliances manufacturer Arctic held by Turkey’s Arcelik group will begin production of washing machines in its new facility in Ulmi, Dambovita County, this year.
Political Turmoil Around Romania Makes Country Likely Manufacturing Hub
Turkey’s Arcelik, the owner of the Arctic plant in Gaesti, is thinking of relocating its washing machine production in Russia, where it has a plant two hours away from Moscow to Romania, ZF...
Arctic Wants To Build Washing Machine Plant, Seeks State Aid
Arctic Gaesti, the country’s largest home appliances manufacturer, wants to build a washing machine plant in Romania in a 472.5 million lei (EUR105 million) investment.
First Optimistic Signals On Home Appliances Market Expected In 2H
Romanians bought fewer refrigerators, washing machines and microwave ovens, yet the large home appliances market went up in value. What could help the market in 2012?