Turkish steel pipes manufacturer Borusan Mannesmann has paid EUR 805,000 for a land plot in Romania's southern city of Ploiesti, where it plans to build a steel pipe plant. The acquisition was made through the company's subsidiary in Romania, Borusan Tube Products, Borusan MannesmannThe company announced in June that it plans to build an USD 8 million plant in Romania.Part of the Borusan Group, Borusan Mannesmann operates seven plants across three continents and employs 2,038. The company merged its operations with European steel and technology firm Salzgitter Mannesmann GmbH in 1998.
Turkish steel pipes manufacturer Borusan Mannesmann has paid EUR 805,000 for a land plot in Romania's southern city of Ploiesti, where it plans to build a steel pipe plant. The acquisition was made through the company's subsidiary in Romania, Borusan Tube Products, Borusan MannesmannThe company announced in June that it plans to build an USD 8 million plant in Romania.Part of the Borusan Group, Borusan Mannesmann operates seven plants across three continents and employs 2,038. The company merged its operations with European steel and technology firm Salzgitter Mannesmann GmbH in 1998.
