13,798.82 TRY BIST 100 BIST 100
47.57 USD USD USD
7.09 CNY CNY CNY
54.93 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
41.53 TRY Interest Interest
83.27 USD Fossil Oil Fossil Oil
6.74 USD Copper Copper
97.32 USD Silver Silver
96.27 USD Iron Ore Iron Ore
377.25 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
93.00 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

Türkiye’s wire rod imports decreased by 28.5% in June

Thursday, August 6, 2026

Limited recovery expected in China's billet market in August

Thursday, August 6, 2026

GravitHy selects Danieli for hydrogen-based ironmaking plant

Friday, August 7, 2026

Kocaer Steel received USD 61.4 million worth of steel profile orders in July

Thursday, August 6, 2026

Koç Holding made a combined investment of USD 1.7 billion in the first six months of the year

Thursday, August 6, 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