Business in Romania blog
The business in Romania blog writes about the Romanian business landscape, doing business in Romania, investing in Romania business and debating on business issues in Romania. Check this Blog's Policy here.



Tuesday, November 16, 2004
Business in Romania blog
BUCHAREST, Nov 15 (Reuters) - Canadian electronics maker Celestica Inc. plans to invest around $100 million in a new plant in Romania as part of its expansion in eastern Europe, Romania's Foreign Investment Agency (ARIS) said on Monday.

It said in a statement that Celestica plans to invest $25 million in the first phase of a plant in the north-western county of Bihor next year and that it would invest around $15 million each year over the next five years.

ARIS said Celestica plans to build a factory with four units, which would become fully operational by 2007.

Celestica officials estimate a turnover of around $300 million for the first year when unit one of the new factory would become operational, ARIS said.

It said total turnover when all four units will be functional was estimated at over $1.0 billion.

Posted by Mihai Botea : 11/16/2004 01:46:00 pm Celestica to invest $100 mln in Romania
Business in Romania blog
Business in Romania blog


Business Archives

06/01/2004 - 07/01/2004
08/01/2004 - 09/01/2004
09/01/2004 - 10/01/2004
10/01/2004 - 11/01/2004
11/01/2004 - 12/01/2004
12/01/2004 - 01/01/2005
01/01/2005 - 02/01/2005
02/01/2005 - 03/01/2005
03/01/2005 - 04/01/2005
04/01/2005 - 05/01/2005
05/01/2005 - 06/01/2005
06/01/2005 - 07/01/2005
07/01/2005 - 08/01/2005
08/01/2005 - 09/01/2005
09/01/2005 - 10/01/2005
10/01/2005 - 11/01/2005
11/01/2005 - 12/01/2005
12/01/2005 - 01/01/2006
01/01/2006 - 02/01/2006
02/01/2006 - 03/01/2006


www.flickr.com
This is a Flickr badge showing public photos from Mihai Botea. Make you own badge here.


Add Business in Romania to My Yahoo!
Google


Previous Posts

Links

Business in Romania Feed Burner
 

Business in Romania is powered by Blogger

This website is proud to be designed by Mihai Dragan

I usually listen to THIS kind of music.