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A South Korean group is building a plant for car parts in Romania

05 september 2019

In Bulgarian   In Macedonian   In Romanian   In Serbian

 

GMB Romania Auto Industry, a manufacturer of components for the automotive industry, is in the process of building a new factory near Pitesti, Romania, BalkanEngineer.com learned from Romania-Insider.com. The facility is expected to be completed in 2020.

 

 

The Romanian company is part of the South Korean group GMB Korea and produces water pumps for motor vehicles, which will be the main activity of the future factory. The company has invested a total of EUR 9.1 million in the new plant, EUR 2 million of which are a state aid under a program aimed at stimulating large investments.

 

The South Korean group also has factories in Korea, Japan, China, Thailand, USA and Russia. The Romanian division of the company was founded in 2014.

 

Source of images: pixabay.com

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