Turkey’s Borusan Mannesmann acquires land for Romania plant

Tuesday, 25 January 2022 11:44:02 (GMT+3)   |   Istanbul

Turkey’s leading steel pipe producer Borusan Mannesmann has announced that it has acquired €805,000 worth of land in Ploieşti for a new pipe processing plant to be established in Romania.

The plant in question will mainly produce for automotive customers in Europe.

The new plant with a foreseen investment of $8 million will be the company’s second investment in Europe, as SteelOrbis previously reported. In 2001, Borusan Mannesmann acquired the Vobarno cold drawn pipe plant in Italy.

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