Turkish Dunya has reported that Turkish steelmaker Borusan Mannesmann is preparing to realize its second investment in Europe. Borusan Mannesmann, which bought a land in Ploieşti, the center of Prahova city of Romania, for EUR 805,000 in January 2021, is establishing a steel pipe processing plant with an investment of EUR 15 million Euros. The acquisition was made through the company's subsidiary in Romania, Borusan Tube Products. As per report “Borusan-Mannesmann Romania company management visited Prahova Chamber of Commerce and Industry.” According to the information announced by the Romanian Prahova Chamber of Commerce and Industry, the facility will be built in the PWP Industrial Park and will produce for the automotive supply industry. When completed, 50-60 jobs will be created in the first phase of the facility. In the next two years, the number of employees will triple and exceed 150. Founded 65 years ago, Borusan Mannesmann is known as the first industrial venture of the Borusan Group, one of Turkey's leading powers. Combining its activities with Salzgitter Mannesmann GMBH, one of Europe's largest steel and technology companies, in 1998, the company has more than 2,000 employees and more than 4,000 product types today. The company, which has 7 facilities in 3 continents, made its first foreign investment by establishing Borusan Mannesmann Vobarno Tubi SpA with the facility it bought in Italy in 2001. Subsequently, the company established Borusan Mannesmann Pipe US Inc. in 2014 to manage the Houston Baytown factory investment in the USA; In 2016, 2017 and 2020, he was awarded the "Best Pipe Manufacturer" award by the American Metal Market, one of the most prestigious publications in the USA.
Turkish Dunya has reported that Turkish steelmaker Borusan Mannesmann is preparing to realize its second investment in Europe. Borusan Mannesmann, which bought a land in Ploieşti, the center of Prahova city of Romania, for EUR 805,000 in January 2021, is establishing a steel pipe processing plant with an investment of EUR 15 million Euros. The acquisition was made through the company's subsidiary in Romania, Borusan Tube Products. As per report “Borusan-Mannesmann Romania company management visited Prahova Chamber of Commerce and Industry.” According to the information announced by the Romanian Prahova Chamber of Commerce and Industry, the facility will be built in the PWP Industrial Park and will produce for the automotive supply industry. When completed, 50-60 jobs will be created in the first phase of the facility. In the next two years, the number of employees will triple and exceed 150. Founded 65 years ago, Borusan Mannesmann is known as the first industrial venture of the Borusan Group, one of Turkey's leading powers. Combining its activities with Salzgitter Mannesmann GMBH, one of Europe's largest steel and technology companies, in 1998, the company has more than 2,000 employees and more than 4,000 product types today. The company, which has 7 facilities in 3 continents, made its first foreign investment by establishing Borusan Mannesmann Vobarno Tubi SpA with the facility it bought in Italy in 2001. Subsequently, the company established Borusan Mannesmann Pipe US Inc. in 2014 to manage the Houston Baytown factory investment in the USA; In 2016, 2017 and 2020, he was awarded the "Best Pipe Manufacturer" award by the American Metal Market, one of the most prestigious publications in the USA.
