German automotive components manufacturer Kirchhoff Automotive plans to invest €15m (US$20.5m) to set up a plant in southern Romania, Bucharest-based news service Mediafax reported.
Citing Arndt Kirchhoff, the company’s chief executive officer, the report said this planned facility is expected to commence operations in 2012. It will supply parts to Ford’s …
This article is available only to members of Automotive World. If you are already a member, please login to your account.
Membership starts at just $2.18 per day for access to all Articles, eMagazines, and Webinars.