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JTEKT to invest EUR 125 mln in Romanian bearing plant

Japanese group JTEKT will invest EUR 125 million in expanding production at its bearing factory, Koyo Romania, located in Teleorman (southern part of the country). The factory will thus become a supplier for the Toyota plant in Czech Republic. On October 16, Stefan Radu Oprea, Romania’s minister for entrepreneurship and business environment, will meet Tetsuo Agata, President of JTEKT Corporation Japan, Hiroaki Ueda, President of JTEKT European Operations, and Francis Szabo ...

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