P & G Begins Constructing Its Second Romanian Factory In Feb

Giant consumer goods Procter&Gamble will begin this month the construction of its second factory in Romania, in the country's southern town of Urlati, Prahova county, in an investment initially estimated at $50 million, the company announced Monday.

The investment might double by 2010, according to the company representatives.
 
The unit will be built on a 25-hectare area, which will provide enough space for further expansion.
 
The factory will employ around 150 people, when the production will start, in 2010 spring
 
Procter & Gamble Romania was established in 1992.
 
In 1995, US-based P&G acquired a detergent production facility in the western Romanian city of Timisoara, where it invested $40 million.

Mediafax