On July 24, the mayor of Siret city in Romania announced that German-based Anton Hearing will invest EUR 60 million in the city in next three years to build a new plant. It will employ 600 people.
The company develops and manufactures precision parts as well as assemblies on a large scale for combustion engines, hybrids, e-mobility, hydrogen-based fuel cells, etc. Construction is expected to start after the investor submits a funding application to the Ministry of Finance and obtains the building permission.
Based on social media updates of mayor of Siret city