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February 18, 2020

Jones Lang LaSalle: Romania is still attractive for opening new factories

Although Nokia has announced its’ exit from the market, Romania is still attractive for investors, at least from the agriculture’s point of view or its light industry potential, a Jones Lang LaSalle press release informs. A proof in this direction is the fact that other multinational companies have opened or will open new production units and facilities in Romania, also creating new employment opportunities. The Toro Company, American company specializing in turf maintenance equipment and precision irrigation systems, with USD 1.7 billion turnover in 2010 in their 80 countries network, was assisted by the industrial and logistics department of Jones Lang LaSalle to buy land for their production unit in Ploiesti West Park. Marius Scuta, head of Industrial & Logistics department, said: “Recently, Toro opened its new 12,500 sqm plant, producing micro-irrigation systems, that will also create around 100 new jobs. The 20 million investment aims also to support the agriculture industry in the region.”

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