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Romania: in Timisoara to be open large bicycle factory

Biggest in Southeast Europe, 30 million investment

18 November, 14:47
(ANSA) - BELGRADE, 18 NOV - A large factory for assembling bicycles will be built in the Romanian city of Timisoara, said the town's mayor Nicolae Robu, local media reported. The factory will be the largest of this type in Southeastern Europe and will employ up to 3,000 people. The forecasted production is 1.5 million bicycles per year. The 30-million-euros investment will also help absorbing the "the workforce made redundant after the closure of Nestle confectionery factory in Timisoara this January," Robu added, quoted by the portal Romania Insider.

Romania is one of the biggest bicycle producers at EU level, with more than one million units produced per year, Romania Insider added. (ANSA).

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