Globalworth Investment invests €5 million in new factory in Timişoara


Globalworth Investment Fund, founded and run by Greek businessman Ioannis Papalekas, will build, within the project Timişoara Airport Park, a new factory of about 7,000 square meters intended for the German current-meters manufacturer Elster, the delivery of the production unit being scheduled for the third quarter of 2015. The investment in this project is estimated at 22 million lei (€5 million) and Elster rented the future industrial space for a ten years period.

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