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CeeInd - ''The leading Industrial Portal dedicated to the Growth market of Central and Eastern Europe > < Poland's Industrial Automation Surge: Record Robot Installations and EU Investment Drive Growth > < TeraPlast Group Strengthens Presence in Flexible Packaging with 70% Acquisition of Optiplast in Croatia > < Poland's Industrial Automation Surge: Record Robot Installations and EU Investment Drive Growth > < Mondi Enhances Sustainable Packaging Production with New Extrusion Line at Ĺ tÄtĂ Facility > < Nokian Tyres Opens World's First Zero CO2 Emission Tyre Factory in Oradea, Romania > < South Korea's Largest Food Company to Build First Factory in Central Europe, Located in Hungary > < BMW Begins Pre-Series Production of Neue Klasse in Hungary, Paving the Way for Electric Innovation > < Vetropack Completes âŹ60 Million Furnace Upgrade in Croatia, Setting New Industry Standards > < DP World Invests âŹ130 Million to Boost Romaniaâs Port and Logistics Infrastructure > < PalletBiz Romania Unveils State-of-the-Art Production Facility in Prejmer > < Arctic Paper Expands Renewable Energy Portfolio with 4 MW Solar Park Acquisition in Poland > < Y Soft Secures âŹ30 Million EIB Investment to Advance Office Automation Technologies > < Poland: The Emerging Logistics Hub of Central and Eastern Europe (CEE) > < ArcelorMittal Poland Invests PLN 100M in Hydrogen Plant to Boost Krakow Steel Operations > < Shape Robotics Expands Romanian Distribution Network with Strategic Ingram Micro Partnership > < Poland Ranks as Europe's Second Most Active Industrial Market in 2024 > < PepsiCo Launches 3.5-MW Solar Farm in Poland, Powering Sustainability Goals > < Czech Companies Embrace Advanced Technologies to Drive Production Efficiency > < Poland Solidifies Its Status as a Global Poultry Export Leader > < Toyota Unveils Largest Logistics Hub in Europe in Czech Town KolĂn > < CATL's Debrecen Battery Plant Set for 2025 Launch, Driving Europe's Green Transition > < Slovenia to Invest Up to âŹ40 Million in Production of New Renault e-Twingo > < Lockheed Martin to Establish âŹ50 Million Electrolyte Factory in Romania > < Michelin Shifts Jobs from UK to Romania and Poland as Part of European Restructuring > <

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Hengst Filtration Purchases Former IAC Site Near Ford Plant in Romania for Air Filter Production

2023-12-20 00:00:00

Hengst Filtration Acquires Former IAC Factory in Romania for Air Filter Production

Germany's Hengst Filtration has acquired the former International Automotive Components (IAC) facility in BalĹ, southern Romania, with plans to manufacture air filters, as reported by the city's mayor, CÄtÄlin Rotea.

Rotea announced that Hengst Filtration intends to relocate a factory from Germany to BalĹ. He stated, "In January, they aim to have the factory operational, and by December, their goal is to employ at least 100 people, with plans for several hundred jobs in the upcoming years." This statement was highlighted by Ziarul Financiar.

IAC, a Luxembourg-registered firm and a primary supplier for Ford, had initially invested EUR 58 million in 2011 to build a greenfield production site in BalĹ, Olt county. This location is nearly 30 kilometers from Ford's Craiova plant. The investment included EUR 17 million in state aid and promised to create 400 jobs. Hengst's recent acquisition marks a significant development in the region's industrial landscape.