27
Jan
12:20
Borusan Mannesmann to build Romania unit
Major Turkish pipe producer Borusan Mannesmann is preparing to realise its second investment in the EU and third abroad.
Borusan Mannesmann, which bought land in Ploieşti, the centre of Prahova, Romania, for €805,000 in January last year, is establishing a steel pipe processing plant there with an investment of €15 million ($16.3m).
The facility will be built in the PWP Industrial Park and will produce for the automotive sub-industry, the Romanian Praho…
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