Monday, July 16, 2007

Ford to invest 675 mln euros in Romania carmaker

(Reuters) - "If the Ford bid is successful, the company would commit to investing 675 million euros in the site to upgrade and modernize the plant in line with global Ford Motor Company standards," Ford said in a statement.




Ford's strategy for the Craiova-based plant was discussed on Monday at meetings between Romania Prime Minister Calin Tariceanu and Ford of Europe President and CEO John Fleming.


Read more at Reuters.com Mergers News

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