9 C
Bucharest
October 17, 2021
BUSINESS

Producer of Coca-Cola coolers moves production to Romania

Greek group Frigoglass, one of the largest manufacturers of beverage coolers in the world, will close its production facilities in Turkey and move production to its factory in Romania, near Timisoara, the group recently announced, money.ro informs. “The integration of the Turkish operations into our Romanian plant is a quantum leap for Frigoglass. It will drive economies of scale, improve overhead cost absorption and reduce complexity within our manufacturing footprint in Europe,” said Torsten Tuerling, Chief Executive Officer of Frigoglass. The group explained that it has enough capacity at its Romanian plant to absorb the volume from Turkey and to meet any potential future demand. The group also said that it will continue to invest in product development in Romania.

Related posts

Consumer watchdog fines banks with a total RON 1.6 M in just one month

Test

Samsung, the largest investor in solar parks in Romania

Nine O' Clock

Bucharest, on the last but one place in the world subject to office space per employee

Test