Recently, Global Vision attracted EUR 12.7 million in a development loan for the factory for German company Diehl Aviation, part of the Diehl group. Completion of construction works is planned for the middle of this year, and production is scheduled to begin shortly thereafter.
At launch, the new factory will have about 75 employees, and in the medium term, plans are to reach about 500 employees in Romania.
The Craiova factory will collaborate closely and efficiently with Diehl Aviation’s existing locations in Hungary and Germany. The production in Romania will increase operational flexibility and strengthen supply chain security in the company’s global network. The German group also has a subsidiary in Romania, Diehl Controls.
Source: economica.net