Moreover, production could reach EUR2 billion in the next few years, according to ZF estimates based on the investments announced for the coming period.
Romania has six finished home appliances plants, a component plant and a three more are to be developed and inaugurated. The local market is starting to become a refrigerator, cooker and washing machine manufacturing hub, in a Europe where Poland is the undisputed leader, with 26 major home appliances factories, and most of the big names present such as Samsung, Whirlpool, BSH (Bosch Group) and Electrolux, some of them with 3 or 4 plants even.
Romania has six major finished home appliances manufacturers – Arctic (refrigerators and freezers, as well as washing machines soon in its new facility), De’Longhi (coffee machines), Philips (coffee machines, oral hygiene products), Electrolux (cookers), Kaercher (vacuum cleaners), and Electroarges (vacuum cleaners). Bosch will become the seventh manufacturer on this market. There is also a major component manufacturer present, Germany’s Miele.
The local home appliances production business has received and will receive until 2020 more than EUR250 million investments, which include the second Arctic plant, the first Kaercher facility and the one to be remodeled, as well as the announced BSH investment.
(English version by Loredana Fratila-Cristescu)