Ruwel AG reschedules works on Romanian plant
Dec 02, 2005
German circuit board maker Ruwel AG has decided to postpone the work on its Romanian plant located in Tetarom industrial park in Cluj-Napoca, scheduled to start in March 2005, for the spring of 2006 as works on the park infrastructure have been delayed.
The company announced at the end of 2004 that it planned to invest 80 mln euro ($93.57 mln) in the construction of a plant in the northwestern city of Cluj-Napoca to produce integrated circuit boards for the automobile industry in Romania.
Ruwel AG is the leading manufacturer of integrated circuit boards in Germany and ranks second in Europe.
The company has production units in Germany and Denmark.