08
Aug
14:14
Arcelik plans new white goods factory in Romania
Turkish white goods maker Arcelik says it intends to set up a washing machine factory with 2 million units/year capacity in Romania via its local subsidiary Arctic.
"The investment project is planned to start in January 2017 and to be finalised in September 2019, depending on the receipt of incentive approval," Arcelik informs in a bourse filing seen by Kallanish.
Arctic has applied to Romania's finance ministry for €36.1 million ($40m) in …
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