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Sumitomo Electric to transfer Ukrainian production to Romania and Morocco
According to a report in the Nihon Keizai Shimbun dated March 21, 2022, Sumitomo Electric Industries, Ltd. (Sumitomo Electric) will transfer production from Ukraine to Romania and Morocco as a result of Russia’s invasion of Ukraine. Some of the investment is being coordinated to be borne by Volkswagen, the customer o....
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