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A global manufacturer of lighting opened a factory in Braila, Romania

03 june 2019

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The Chinese lighting manufacturer Liting Universal Group opened a factory in Braila, Romania, in the building of the bankrupt Armonia shopping center. The initial investment in the project was EUR 17 million, BalkanEngineer.com learned from Romania-Insider.com.

 

 

Over the next 5 years, another EUR 15 million will be invested in the production facility. Initially, 200 employees will be hired at the plant, with the number expected to reach 800 by 2024.

 

The factory in Braila will become the European production center of the Shanghai industrial group. Liting Universal Group is a global manufacturer with an annual turnover of USD 80 million and one of IKEA’s key suppliers.

 

Source of images: pexels.com

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