BUCHAREST (Romania), February 18 (SeeNews) – Chinese household appliances manufacturer Haier will invest over 50 million euro ($54.2 million) in a refrigerator factory in the Romanian county of Prahova, local media reported.
Located in Aricestii Rahtivani, the factory will create over 500 jobs, business daily Ziarul Financiar reported on Monday.
The factory will have a maximum production capacity of 600,000 refrigerators per year.
Haier Group Corporation is a multinational home appliances and consumer electronics company headquartered in Qingdao, China. It designs, manufactures and sells refrigerators, air conditioners, washing machines, microwave ovens, mobile phones, computers and TVs.
It has over 65,000 employees working in 24 factories and five research centers across the world.