Ford Romania plans to invest 400 million euro this year in its factory based in Craiova (southern Romania), money which are loaned from the European Investment Bank (EIB). The agreement was signed today by Romanian Public Finance Minister Sebastian Vladescu, vice president of the European Investment Bank Matthias Kollatz-Ahnen and Wolfgang Schneider, Ford Europe vice president for governmental and environmental issues.
The loan, on which the Romanian government will provide an 80 per cent gua… (read more)