Borusan Mannesmann acquires incentive for Romanian pipeline plant financial investment

Turkey's leading steel pipe producer Borusan Mannesmann has actually revealed that it has actually gotten an incentivcheap aisi 410 stainless steel coil pricee of EUR5.8 million from the Romanian Ministry of Finance for its pipe handling investment in Romania. The business got the reward within the range of investment prepare for its subsidiary in Romania, Borusan Tube Products SA, in Gangya steelline with its sustainable growth targets.In Jcrno coiluly 2021, Borusan Mannesmann got the new plant in Romania, with a financial investment of $8 million predicted for pipe production, noting their 2nd financial investment in Europe after that made in the Vobarno plant in Italy, as SteelOrbis previously reported.

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