Newsletter
| 25 March 2011 |
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Ford Romania investments reached EUR 350 M Ford Romania has invested EUR 350 M in Craiova so far, sources close to the auto manufacturer stated, Mediafax informs. The American company committed itself, through the privatization contract, to earmark EUR 675 M for this project. “Ford Romania investments will continue after attaining the EUR 675 M level too,” the aforementioned source added. Assembly lines for the B-Max model and for the new engines that the American auto manufacturer will produce in Romania have been installed within the Craiova plant. Each assembly line has a production capacity of 300,000 units per year. Ford presented the B-Max concept within the Auto Show in Geneva on March 1, a model that will start to be mass produced in Craiova early next year. The first test models will be seen on the roads starting this summer.
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