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Electronics Production |
Sumitomo Electric Bordnetze invests in Moldova
Cable manufacturer Sumitomo Electric Bordnetze is planning on setting up production in Moldova.
The company is planning on constructing a new manufacturing facility in Moldova's capital Chisinau. With the investment the company aims to employ up to 2'500 people, according to a report in SeeNews.
The company has been in discussions with the Moldavian prime minister, Iurie Leancă regarding the investment and the steps needed to be taken in order to get the project rolling, the article concludes.