The company officials did not return ZF’s calls for comment on the trend of the business and development plans.
“TehnoWorld is a factory producing high density polyethylene, polypropylene and PVC-U pipes in Romania. The project began in 2003, when the foundations were laid by a team of engineers and dedicated people,” the corporate website reads.
TehnoWorld has 343 public procurement contracts signed, worth more than RON60 million, its website says. The biggest of them is a contract signed with Engie Romania in 2017.
(English version by Loredana Fratila-Cristescu)