“This year’s exports will top $100 million,” Colteanu said at the ZF Power Summit conference.
in 2014, the two factories had exports of around $80 million.
GE owns two plants in Romania, one that makes oil industry equipment in Ploiesti, which it bought in 2013 from Lufkin, and a production unit that makes aircraft engine parts in Bucharest.
The plant in Ploiesti exports around 90% of its output to more than 20 countries. GE announced last year it was looking into expanding its factory in Ploiesti to include off-shore drilling equipment.