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Honeywell opens factory in Ploiesti on Gov't-granted aid of 16 million euros

US company Honeywell Transportation Systems on Tuesday opened a factory at the West Park Industrial park of Ploiesti , Prahova County, southern Romania, on an investment that is planned to reach 57 million euros by 2015.Chairman of the Friction Materials Division of Honeywell Rainer Bostel told a press conference that out of the 57 million euros to be invested by 2015 in the new factory that manufactures brake pads, 16 million euros was ...

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