Grupo Antolin-CML, the group’s lighting fixtures division, estimated the new unit will be operational by the end of the year, European Plastics News reported.
The new factory will stretch onto 13,000 square meters in proximity to the company’s existing production unit, near the city’s airport.
Antolin plans to move its production lines from the space it currently rents to the unit it is building.
Antolin currently has 357 employees in Sibiu. The Spanish group bought the factory in Romania in 2011, when it took over French vehicle lighting fixtures producer CML Innovative Technologies.
According to Finance Ministry data, CML Innovative Technologies Sibiu had a turnover of RON14.8 million, a profit of RON646,000, and 163 employees in 2012. The unit’s activity has been expanded throughout 2013.
Magazine website: www.europeanplasticsnews.com