Turkey’s Kastamonu invests 70 million lei in an adhesive factory in Reghin
The company Kastamonu Romania (former Prolemn) from Reghin, controlled by the company Kastamonu Entegre, one of the most important players in wood industry from Turkey, will start this year an investment project of approx. 70 million lei (EUR 15 million) for the construction of industrial adhesives factory.
The company ended 2014 with total business of approx. EUR 120 million and approx. 900 employees.
Three years ago the company completed in Reghin EUR 150 million investment in a PAL factory, and last year the Turks invested additional EUR 8 million in a production line. (Source: zf.ro)