Continental Dekosmir plans to invest 228 million U.S. dollars in Romania

The Romanian economy minister revealed that before 2013, Continental Group and Degustrier Group will invest 169 million euros (US$228 million) in Romania.

Europe's second largest parts supplier Continental Group will invest 15.7 million euros to expand its subsidiary ContiTech's plant in Romania. During 2012-2013, it will invest 71 million euros to expand its location in the western city of TimiÅŸ, Romania. The Timisoara factory. In addition, the mainland will invest 35 million euros in its Romanian city of Sibiu and invest 20 million euros in its Brasov factory.

The Romanian Minister of Economy also held talks with the management of the Dexmir Group, and the Dexmir Group expressed its intention to invest 26.8 million euros in Romania.