Faurecia to invest EUR122 million in its foreign operations, including Romania
September 18 2013
The automotive parts manufacturer will receive a loan of EUR122,5 million from the European Bank for Reconstruction and Development (BERD) for developing the company's operations in several countries, including Romania. Through this financing, Faurecia will support the investment plan designed for the four countries where BERD operates: Maroc, Polonia, Rusia and Romania. Faurecia, which is the world's sixth largest automotive parts supplier has three unit productions in Romania: in Craiova, Talmaciu and Mioveni.