Portuguese group to hire 1,200 for new automotive textile factory in Romania

Portuguese company Coindu, which produces automotive textiles, will start a hiring campaign for its new factory in Drobeta Turnu Severin, Romania, according to local authorities. The factory will create more than 1,200 jobs with a €10m (US$13.5m) investment. This will add to the 1,000 employees Coindu already has in Romania.

Coindu Romania, which also owns a factory in Curtici, Arad county, will hire some 450 people this year for the new factory and promises to add another 800 jobs in 2015, according to Drobeta Turnu Severin’s deputy mayor Marius Screciu.

The Portuguese company will build the factory on a 4.5-ha site it bought in Drobeta Turnu Severin. The first phase of the project requires a €10m (US$13.5m) investment. The municipality agreed to provide utilities for the new industrial platform.

For the full story, see the August 2014 edition of Textiles Eastern Europe. Not a subscriber? Sign up HERE