13,217.60 TRY BIST 100 BIST 100
44.20 USD USD USD
6.45 CNY CNY CNY
51.01 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
40.08 TRY Interest Interest
100.99 USD Fossil Oil Fossil Oil
5.71 USD Copper Copper
113.30 USD Silver Silver
109.20 USD Iron Ore Iron Ore
369.00 USD Shipbreaking Scrap Shipbreaking Scrap
7,154.97 TRY Gold (gr) Gold (gr)
110.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Borusan Mannesmann establishes a factory in Romania

Borusan Mannesmann, one of the largest steel pipe manufacturers in Turkey, is building a facility on the land it bought in Romania last year. The facility, which will be implemented with an investment of 15 million euros, will employ 150 people within 2 years.

Borusan Mannesmann establishes a factory in Romania

Borusan Mannesmann, one of the leading iron and steel companies in Turkey, is preparing to implement its second investment in Europe. Borusan Mannesmann, which purchased land in Ploieşti, the center of Prahova, Romania, in January last year for a price of 805 thousand euros, is building a steel pipe processing plant with an investment of 15 million euros, that is, 307 million euros at today's exchange rate.

Borusan-Mannesmann Romania company management visited Prahova Chamber of Commerce and Industry. The delegation, including General Manager Ali Okyay and Project Manager Deniz Tıryaki, met with Aurelian Gogulescu, President of the Prahova Chamber of Commerce and Industry.

According to the information announced by the Prahova Chamber of Commerce and Industry of Romania, the plant will be built in the PWP Industrial Park and will also produce for the automotive supply industry. When completed, 50-60 people will be offered employment opportunities in the first phase of the facility. The number of employees will increase by 3 to more than 150 in the next two years.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

EU to support energy-intensive sectors with temporary decarbonization fund propos

Wednesday, March 18, 2026

Far East steel market under supply-demand, cost, and geopolitical pressures

Wednesday, March 18, 2026

Italy’s crude steel production increased by 2.6% in february

Wednesday, March 18, 2026

Crisis in Strait of Hormuz paralyzes Iranian ports: Over 1 million tons of iron and steel stranded

Wednesday, March 18, 2026

HBIS Tangsteel starts up fourth continuous caster from Primetals Technologies

Wednesday, March 18, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now