German investor pours EUR 30 mln in electric fans factory in western Romania
The German group ebm-papst, specialised in the production of motors and fans, inaugurated, on June 2, what it called “a strategic investment” of EUR 30 million in a new production building located within Industrial Park II in Oradea,…
iulian ernst · Journalist
· Updated · 2 min read
The German group ebm-papst, specialised in the production of motors and fans, inaugurated, on June 2, what it called “a strategic investment” of EUR 30 million in a new production building located within Industrial Park II in Oradea, western Romania, which involves the creation of 500 new jobs in the next 5 years.
The new building functions as a campus, bringing together several types of activities. The investment marks an important step in the company's "Local for local" strategy of getting closer to customers and partners in Eastern Europe, the company said, as reported by News.ro.
