Romania offers to extend Ford production target deadline, conditional on 130

Romania's finance ministry said on Friday that it is proposing to extend to 2025 from 2017 the deadline by which U.S. carmaker Ford's local plant should meet the production volume target envisaged in the plant's privatisation contract, provided that the company invests 130 million euro ($146.8 million) in it by 2019, seenews.com informs. The production target of 810,000 cars and 1.5 million engines will be pushed to 2025 from December 31, 2017 if Ford invests 100 million euro in ...

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