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MTC Invests € 25m in Romania

Published: August 7, 2012; 12:21 · (Vindobona)

The Montana Tech Components AG industrial group will invest € 25m to expand the production facilities of their Romanian subsidiary, UACE (Universal Alloy Corporation Europe SRL).

MTC Invests € 25m in Romania / Picture: © Global Equity Partners / Press Photo

„The investment will strengthen the company's leading position with the major aircraft manufacturers.“ MTC announces. Montana Tech Components is expanding the value creation chain at the Romanian location of the Montana Aerospace & Industrial Components division in Dumbravita (Romania). The investment amounting to € 25m is financed by the European Bank for Reconstruction and…

This article includes a total of 325 words.

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